BW20030303002162  20030303T165457Z UTC


( BW)(PLATFORM-HOME)(BE55) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--March 03, 2003--

As Agent Bank, please be advised of the following rate determined on: 03-Mar-2003      

Issue               : Platform Home Loans No.1 plc - Class M
                      �22,000,000 Mortgage Backed FRN due Dec 2031
ISIN Number         : XS0104330377
Issue Nomin     GBP : 22,000,000.00
Period              : 03-Mar-2003 to 02-Jun-2003          Payment Date 02-Jun-2003
Number of Days      : 91
Rate                : 5.28219               
Denomination    GB  : 100,000.00          10,000.00

Amount Payable 
per Denomination    : 1,316.93            131.69

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


   Short Name: Platform Homes
   Category Code: RC
   Sequence Number: 00002471
   Time of Receipt (offset from UTC): 20030303T162650+0000

    --30--ac/uk*

    CONTACT: Platform Home Loans (No.1) Plc

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Platform Home
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