RNS No 0646r
TMC PIMBS PLC
30th July 1998



TO:  COMPANY ANNOUNCEMENTS OFFICE

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 8.25 PCT INCLUSIVE OF
0.50 PCT MARGIN FOR THE PERIOD 31JLY98 TO 30OCT98.
INTEREST PAYABLE ON 30OCT98 WILL AMOUNT TO
GBP 35.54 PER GBP 1,727.91 DENOMINATION.

FROM:
IAN WOODWARD
GLOBAL AGENCY AND TRUST SERVICES - CITIBANK NA
0171 508 3853


END

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