RNS Number:1271C
E.L.A.N. Ld
19 August 2004

E.L.A.N LIMITED



19 August 2004



RE: RATE FIX NOTIFICATION



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

18-Aug-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-Aug-2004 TO 20-Sep-2004

ISSUE NOMINAL USD: 85,000,000.00

NUMBER OF DAYS: 31

RATE: 3.3

PAYMENT DATE: 20 Sep 2004

DENOMINATION US: 100,000.00

AMOUNT PAYABLE PER DENOMINATION: 284.17

POOL FACTOR:





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

USD 2,500,000 Class C Amortising Secured FRN DUE 21 May 2012

ISIN: XS0152047295

PERIOD: 20-Aug-2004 TO 20-Sep-2004

ISSUE NOMINAL USD: 2,500,000.00

NUMBER OF DAYS: 31

RATE: 4.1

PAYMENT DATE: 20-Sep-2004

DENOMINATION US: 1,000,000.00

AMOUNT PAYABLE PER DENOMINATION: 3,530.56

POOL FACTOR: 0.4





Institutional

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This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.




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