RNS Number:6504R
E.L.A.N. Ld
04 November 2003


E.L.A.N LIMITED

04 November 2003

RE: RATE FIX NOTIFICATION

AS AGENT BANK, PLEASE BE ADVISED OF THE FOLLOWING RATE DETERMINED ON:
16-Oct-2003

ISSUE: E.L.A.N Limited -Series 2003-2

EUR 50,000,000 Secured FRN due 4 August 2004

ISIN: XS0161179436

PERIOD: 04-Nov-2003 TO 04-Feb-2004

ISSUE NOMINAL EU: 50,000,000.00

NUMBER OF DAYS: 92

RATE: 2.161

PAYMENT DATE: 04-Feb-2004

DENOMINATION EU: 552.26

AMOUNT PAYABLE PER DENOMINATION: 100,000.00

POOL FACTOR: 552.26


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This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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