RNS Number:9560D
Avebury Properties Ld
18 November 2002


As Agent Bank, please be advised of the following rate determined on: 
18-Aug-2002.

Issue             :  Avebury Properties Limited - Class A1  
                     GB#43,000,000 Secured FRN due February 2011
ISIN Number       :  XS0108393272
Issue Nominal GBP :  43,000,000.00
Period            :  20-Nov-2002  To  20-May-2003   Payment Date  20-May-2003 
Number of Days    :  181
Rate              :  5.14875                        Pool Factor:  0.883721
Denomination  GBP :  44,186.05
Amount Payable
Per Denomination  :  1,128.16

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


                     This information is provided by RNS
            The company news service from the London Stock Exchange
END
RC BLBDBSDBGGDI

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