RNS Number:1005G
Asset Backed Capital Ld
13 January 2003


As Agent Bank, please be advised of the following rate determined on: 
13-JAN-2003.

Issue             : ASSET BACKED CAPITAL LIMITED - SERIES 69  
                    USD 70,000,000 FRN DUE 15 OCT 2003 
ISIN Number       : XS0156338674
Issue Nominal USD : 70,000,000.00 
Period            : 15-JAN-2003  To  15-APR-2003    Payment Date  15-APR-2003 
Number of Days    : 90
Rate              : 1.38563
Denomination  USD : 100,000.00
Amount Payable
Per Denomination  : 346.41  

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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