RNS Number:3960C
Silver No.1 PLC
11 October 2002


RE: SILVER NO.1 PLC 

EUR 157,000,000 Class A1B Mortgage Backed Floating Rate Notes due 2027    
ISIN: XS0127264900

Please be advised that the EUR Deposit Rate has been determined as: 3.31200%  
  
For the period:  15-Oct-02    to    15-Nov-02 

                       Beginning                                          
                       Principal                                          Factor  
Class                Outstanding    All-in-Rate  Days  Interest Due    per 1,000 

EUR 157m Class A1B  74,552,427.89    3.79200%     31    243,438.53      1.55056

   
The next payment date will be on: 
15-Nov-02 



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

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