REG-Arab Banking Corporation FRN Variable Rate Fix

* Reuters is not responsible for the content in this press release.

Wed Jul 23, 2008 12:06pm EDT 

LONDON--(Business Wire)--


-0-
*T
Re:  Arab Banking Corporation
     USD 300000000
     MATURING: 25-Jul-2011
     ISIN: XS0261924558

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
25-Jul-2008 TO 27-Oct-2008 HAS BEEN FIXED AT 3.250000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 27-Oct-2008 WILL AMOUNT TO:
USD 8.49 PER USD 1000 DENOMINATION
*T

Arab Banking Corporation

Copyright Business Wire 2008
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