RNS Number:8535W
Platform Home Loans (No1) Plc
5 June 2002


As Agent Bank, please be advised of the following rate determined on: 
05-Jun-2002.

Issue             :  Platform Home Loans No. 1 plc - Class M
                     £22,000,000 Mortgage Backed FRN due Dec 2031
ISIN Number       :  XS0104330377
Issue Nominal GBP :  22,000,000.00
Period            :  05-Jun-2002  To  02-Sep-2002    Payment Date  02-Sep-2002 
Number of Days    :  89
Rate              :  5.81125
Denomination GB   :  100,000.00        10,000.00
Amount Payable
Per Denomination  :  1,416.99          141.70

As Agent Bank, please be advised of the following rate determined on: 
05-Jun-2002.

Issue             :  Platform Home Loans No. 1 plc - Class C
                     £9,500,000 Mortgage Backed FRN due Dec 2031
ISIN Number       :  XS0104330880
Issue Nominal GBP :  9,500,000.00
Period            :  05-Jun-2002  To  02-Sep-2002    Payment Date  02-Sep-2002 
Number of Days    :  89
Rate              :  7.71125      Pool Factor:  0.841059
Denomination GB   :  8,410.59     100,000.00
Amount Payable
Per Denomination  :  158.14

As Agent Bank, please be advised of the following rate determined on: 
05-Jun-2002.

Issue             :  Platform Home Loans No. 1 plc - Class A
                     Mortgage Backed Detachable Coupons due 2002
ISIN Number       :  XS0104329957
Issue Nominal GBP :  260,000,000.00
Period            :  05-Jun-2002  To  02-Sep-2002    Payment Date  02-Sep-2002 
Number of Days    :  89
Rate              :  0.4876712329         Pool Factor:  0.204
Denomination GBP  :  53,040,000.00
Amount Payable
Per Denomination  :  351,081.21

As Agent Bank, please be advised of the following rate determined on: 
05-Jun-2002.

Issue             :  Platform Home loans No. 1 plc - Class B
                     £15,000,000 Mortgage Backed FRN due Dec 2031
ISIN Number       :  XS0104330534
Issue Nominal GBP :  15,000,000.00
Period            :  05-Jun-2002  To  02-Sep-2002    Payment Date  02-Sep-2002 
Number of Days    :  89
Rate              :  6.96125
Denomination GB   :  100,000.00     10,000.00
Amount Payable
Per Denomination  :  1,697.40       169.74

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438


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