RNS No 3416n
TMC P.I.M.B.S PLC
29th January 1998


TMC PIMBS PLC GBP 210,000,000.00 FLOATING RATE
NOTES DUE JANUARY 2029 - TRANCHE NO 7.
XS0030168891

PLEASE BE ADVISED THAT WE HAVE TODAY SET RATE ON
THE ABOVE ISSUE AT 8.0391 PCT INCLUSIVE OF
0.50 PCT MARGIN FOR THE PERIOD 30JAN98 TO 30APR98.
INTEREST PAYABLE ON 30APR98 WILL AMOUNT TO
GBP 38.35 PER GBP 1,934.90 DENOMINATION.

REGARDS

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


END

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