BW20030602000080  20030602T172749Z UTC


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

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--June 2, 2003--

As Agent Bank, please be advised of the following rate determined on: 02-June-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              : 02-Jun-2003 to 01-Sep-2003     Payment Date 01-Sep-2003
Number of Days      : 91
Rate                : 5.22313
Denomination    GB  : 100,000.00            10,000.00

Amount Payable 
per Denomination    : 1,302.21              130.22

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

   Short Name: Platform Home
   Category Code: RC
   Sequence Number: 00005379
   Time of Receipt (offset from UTC): 20030602T160302+0100

    --30--ra/uk*

    CONTACT: Platform Home Loans (No.1) Plc

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

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