BW20030401002102  20030401T172216Z UTC


( BW)(WESTLAND-UTRECHT)(BG22) Early Redemption 

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--April 1, 2003--

Please be advised that the following issue has been redeemed early;

CALL OPTION

ISIN:                   XS0086343273

Issuer:                 WESTLAND/UTRECHT

Call Date:              14-APR-2003

Redemption Amount:      ITL 10,000,000,000.00

New Amount O/S:         NIL

Please amend your records accordingly.

   Short Name: Westland Utrecht
   Category Code: MSC
   Sequence Number: 00003549
   Time of Receipt (offset from UTC): 20030401T170007+0100

    --30--mh/uk*

    CONTACT: Westland/Utrecht Hypotheekbank N.V. 

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Westland Utrecht

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