BW20030528002157  20030529T064355Z UTC


( BW)(WESTLAND-UTRECHT)(BG22) FRN Variable Rate Fix 

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--May 29, 2003--

RE: WESTLAND/UTRECHT HYPOTHEEKBANK N.V.
    CAD 15,000,000.00
    MATURING: 26-Nov-2003
    ISSUE DATE: 26-Nov-2001
    ISIN: XS0138670541

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
27-May-2003 TO 26-Aug-2003 HAS BEEN FIXED AT 3.402860 PCT

INTEREST PAYABLE VALUE 26-Nov-2003 WILL AMOUNT TO:
CAD 1,706.09 PER CAD 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 020 7508 3857/3855 OR FAX: 44 020 7508 3881

RATEFIX DESK
CITIBANK N.A.,LONDON

   Short Name: Westland Utrecht
   Category Code: RC
   Sequence Number: 00005237
   Time of Receipt (offset from UTC): 20030528T181950+0100

    --30--DB/ny

    CONTACT: Westland/Utrecht Hypotheekbank N.V. 

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

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