RNS Number:8971U
E.L.A.N. Ld
02 February 2004

E.L.A.N LIMITED



02-FEB-2004



RE: RATE FIX NOTIFICATION



AS AGENT BANK, PLEASE BE ADVISED OF THE FOLLOWING RATE DETERMINED ON:
02-Feb-2004



ISSUE: E.L.A.N Limited -Series 2003-20

JPY 4,740,000,000 Secured Callable FRN due 4 Nov 2005

ISIN: XS0179652044

PERIOD: 04-Feb-2004 TO 06-May-2004

ISSUE NOMINAL JPY: 4,740,000,000.00

NUMBER OF DAYS: 92

RATE: 0.0525

PAYMENT DATE: 06-May-2004

DENOMINATION JPY: 10,000,000

AMOUNT PAYABLE PER DENOMINATION: 1,341

POOL FACTOR:





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

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

ISIN: XS0161179436

PERIOD: 04-Feb-2004 TO 04-May-2004

ISSUE NOMINAL JPY: 4,740,000,000.00

NUMBER OF DAYS: 90

RATE: 2.091

PAYMENT DATE: 04-May-2004

DENOMINATION EU: 100,000,000

AMOUNT PAYABLE PER DENOMINATION: 522.75

POOL FACTOR:









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This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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