RNS Number:0369B
Westland Utrecht Hypotheekbank N.V.
23 March 2001




DATE: 23 MARCH 2001

RE: WESTLAND/UTRECHT HYPOTHEEKEN BANK N.V
    EUR 100,000,000 SERIES 432 EMTN
    DUE SEPTEMBER 2002
    ISIN: XS0118025088

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 27MAR01 TO 27JUN01 HAS BEEN FIXED AT 4.624 PCT.

THE COUPON AMOUNT DUE 27JUN01 WILL AMOUNT TO:
EUR 118.17 PER EUR 10,000 DENOMINATION
--------------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 207 508 3857/3855 OR FAX:  44 207 508 3881.





RATEFIX DESK
CITIBANK N.A., LONDON







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