Household Funding PLC
16 January 2002


15 JANUARY 2002

AMENDMENT TO DENOMINATION

RE:   HOUSEHOLD FUNDING PLC 
      GBP 120,000,000 
      DUE: UNDATED 
      ISIN: CT581

THIS IS TO FORMALLY ADVISE YOU THAT THE DEFERRED INTEREST RATE FOR THE PERIOD 
15JAN02 TO 15JUL02 HAS BEEN FIXED AT 7.14875 PCT PER ANNUM.

THE COUPON AMOUNT DUE 15JUL02 WILL AMOUNT TO:
GBP 77,597.11 PER GBP 1,000,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857/3855 OR FAX: 44 20 7508 3881.

RATEFIX DESK
CITIBANK N.A., LONDON