RNS Number:5601Z
Westland Utrecht Hypotheekbank N.V.
26 February 2001


RE:    WESTLAND/UTRECHT HYPOTHEEKEN BANK N.V
       JPY 25,000,000,000 SERIES 427 EMTN
       DUE: 30 AUGUST 2002
ISIN:  XS0116950279


THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 28FEB01 TO 30MAY01 HAS BEEN FIXED AT  0.365 PCT.

THE COUPON AMOUNT DUE 30MAY01 WILL AMOUNT TO:
JPY 923 PER JPY 1,000,000 DENOMINATION
JPY 9,226 PER JPY 10,000,000 DENOMINATION
JPY 92,264 PER JPY 100,000,000 DENOMINATION


IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.




RATEFIX DESK
CITIBANK N.A., LONDON



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