RNS Number:5474E
Platform Home Loans (No1) Plc
2 December 2002


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

Issue             :   PLATFORM HOME LOANS NO. 1 PLC - CLASS A
                      #260,000,000 MORTGAGE BACKED FRN DUE DEC 2031
ISIN Number       :   XS0104329528
Issue Nominal GBP :   260,000,000.00
Period            :   02-DEC-2002  To  03-MAR-2003    Payment Date  03-MAR-2003 
Number of Days    :   91
Rate              :   4.59141                       Pool Factor: 0.1131
Denomination GBP  :   1,131.00           100,000.00
Amount Payable
Per Denomination  :   12.95

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
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