RNS Number:0163B
E.L.A.N. Ld
20 July 2004



E.L.A.N LIMITED



20 July 2004



RE: RATE FIX NOTIFICATION



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

16 July 2004







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

USD 986,400,000 Amortising Secured FRN due 21 May 2012

ISIN: XS0152045919

PERIOD: 20-Jul-2004 TO 20-Aug-2004

ISSUE NOMINAL USD: 986,400,000

NUMBER OF DAYS: 31

RATE: 1.60725

PAYMENT DATE: 20 Aug 2004

DENOMINATION US: 973,667,572.89

AMOUNT PAYABLE PER DENOMINATION: 1,347,576.21

POOL FACTOR: 0.987092







Institutional

Trust Services

Telephone: 44 (0) 1202 34 1286

Fax: 44 (0) 1202 34 7438









This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.


















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