RNS No 1065q
GRACECHURCH MORTGAGE FINANCE (NO. 3) PLC
15th March 1999


GRACECHURCH MORTGAGE FINANCE (NO. 3) GBP 9 M B NTS 2029

Please be advised that the rate for the above mentioned issue has been fixed
today as detailed below:

RATE:               6.46703   PCT

PERIOD:             15TH MARCH 1999 TO 15TH JUNE 1999

AMOUNTS PAYABLE:    100,000 = GBP 1630.05


END

RC AVRVKKOKOAAR


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