BG22 Newday Fmi 26 S

    Westland/Utrecht Hypotheekbank N.V.

RE: WESTLAND/UTRECHT HYPOTHEEKBANK N.V
    GBP 15,000,000.00
    MATURING: 22/Aug/2006
    ISSUE DATE: 22/Aug/2001
    ISIN: XS0134492957

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22/Feb/2005 TO 23/May/2005 HAS BEEN FIXED AT 4.993130 PCT.

DAY BASIS 90/365

INTEREST PAYABLE VALUE 23/May/2005 WILL AMOUNT TO
GBP 12,311.83 PER GBP 1,000,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.

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