RNS Number:4617H
Silver No.1 PLC
13 February 2003


RE: SILVER NO. 1 PLC

EUR 157,000,000 Class A1B Mortgage Backed Floating Rate Notes due 2027
ISIN: XS0127264900

 

Please be advised that the EUR Deposit Rate has been determined as: 2.79600%
For the period:          17-Feb-03         to      17-Mar-03


                      Beginning Principal                                         
Class                    Outstanding         All-in-Rate     Days   Interest Due  Factor per 1,000

EUR 157m Class A1B      53,787,730.56        3.27600%         28     137,051.14      0.87294

The next payment date will be on:
17-Mar-03


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

END

RC BXGDDSGBGGXX