RNS Number:2625D
E.L.A.N. Ld
23 September 2004



E.L.A.N LIMITED



23 September 2004



RE: RATE FIX NOTIFICATION



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

16 September 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-Sep-2004 TO 20-Oct-2004

ISSUE NOMINAL USD: 986,400,000

NUMBER OF DAYS: 30

RATE: 2.01725

PAYMENT DATE: 20 Oct 2004

DENOMINATION US: 961,014,388.73

AMOUNT PAYABLE PER DENOMINATION: 1,615,505.23

POOL FACTOR: 0.974264



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

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

ISIN: XS0152046305

PERIOD: 20-Sep-2004 TO 20-Oct-2004

ISSUE NOMINAL USD: 85,000,000.00

NUMBER OF DAYS: 30

RATE: 3.51125

PAYMENT DATE: 20 Oct 2004

DENOMINATION US: 100,000.00

AMOUNT PAYABLE PER DENOMINATION: 292.60

POOL FACTOR:





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

USD 2,500,000 Secured FRN due 21 May 2012

ISIN: XS0152047295

PERIOD: 20-Sep-2004 TO 20-Oct-2004

ISSUE NOMINAL USD: 2,500,000.00

NUMBER OF DAYS: 30

RATE: 4.31125

PAYMENT DATE: 20 Oct 2004

DENOMINATION US: 1,000,000.00

AMOUNT PAYABLE PER DENOMINATION: 3,592.71

POOL FACTOR: 0.4







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.


















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