RNS Number:8136Y
E.L.A.N. Ld
18 May 2004



E.L.A.N LIMITED



18 May 2004



RE: RATE FIX NOTIFICATION



AS AGENT BANK, PLEASE BE ADVISED OF THE FOLLOWING RATE DETERMINED ON :

18 May 2004







ISSUE: E.L.A.N Limited - 2002 -16 -Class B

USD 85,000,000 Secured FRN DUE 21 May 2012

ISIN: XS0152046305

PERIOD: 20-May-2004 TO 21-Jun-2004

ISSUE NOMINAL USD: 85,000,000.00

NUMBER OF DAYS: 32

RATE: 2.8

PAYMENT DATE: 21 Jun 2004

DENOMINATION US: 100,000.00

AMOUNT PAYABLE PER DENOMINATION: 248.89

POOL FACTOR:





ISSUE: E.L.A.N Limited - 2002 -16 -Class C

USD 2,500,000 Amortising Secured FRn Due 21 May 2012

ISIN: XS0152047295

PERIOD: 20-May-2004 TO 21-Jun-2004

ISSUE NOMINAL USD: 2,500,000.00

NUMBER OF DAYS: 32

RATE: 3.6

PAYMENT DATE: 21 Jun 2004

DENOMINATION US: 1,000,000.00

AMOUNT PAYABLE PER DENOMINATION: 3,200.00

POOL FACTOR: 0.4









This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.


















                      This information is provided by RNS
            The company news service from the London Stock Exchange
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