LONDON--()--
| Re: | Municipality Finance Plc |
| NOK 250,000,000.00 | |
| MATURING: 22-May-2017 | |
| ISIN: XS0782471428 | |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD | |
| 22-Nov-2012 TO 22-Feb-2013 HAS BEEN FIXED AT 2.190000 PCT | |
| DAY BASIS: ACTUAL/360 | |
| INTEREST PAYABLE VALUE 22-Feb-2013 WILL AMOUNT TO: | |
| NOK 5,596.67 PER NOK 1,000,000.00 DENOMINATION | |

