
Article 1 
The specific agricultural conversion rate to be used for the conversion of the minimum sugarbeet prices as referred to in Article 4 of Regulation (EC) No 1260/2001, and of the production levy and, where appropriate, the additional levy referred to in Articles 15 and 16 respectively of that Regulation, into each of the national currencies of the Member States which have not adopted the single currency shall be fixed, for the 2004/2005 marketing year, as set out in the Annex hereto.
Article 2 
This Regulation shall enter into force on 21 July 2005.
It shall apply from 1 July 2004.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 20 July 2005.
For the Commission
J. M. SILVA RODRÍGUEZ
Director-General for Agriculture and Rural Development
ANNEX

Specific exchange rate
1 euro = 30,7292 Czech koruna
7,44005 Danish krone
15,6466 Estonian kroon
0,579427 Cyprus pound
0,682632 Latvian lats
3,4528 Lithuanian litas
247,437 Hungarian forint
0,429756 Maltese lira
4,20824 Polish zloty
239,768 Slovenian tolar
39,1877 Slovak koruna
9,11296 Swedish krona
0,684821 Pound sterling