BW20030602000081  20030602T173152Z 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 A
                      �260,000,000 Mortgage Backed FRN due Dec 2031
ISIN Number         : XS0104329528
Issue Nomin     GBP : 260,000,000.00
Period              : 02-Jun-2003 to 01-Sep-2003      Payment Date 01-Sep-2003
Number of Days      : 91
Rate                : 4.17313               Pool Factor:  0.0495
Denomination    GB  : 495.00            100,000.00

Amount Payable 
per Denomination    : 5.15              

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

   Short Name: Platform Home
   Category Code: RC
   Sequence Number: 00005381
   Time of Receipt (offset from UTC): 20030602T161300+0100

    --30--ra/uk*

    CONTACT: Platform Home Loans (No.1) Plc

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

Today's News On The Net - Business Wire's full file on the Internet
                          with Hyperlinks to your home page.
                          URL: http://www.businesswire.com