RNS No 1066r
GRACECHURCH MORTGAGE FINANCE (NO 3)
15th March 1999


GRACECHURCH MORTGAGE FINANCE (NO 3) GBP 300 M CLASS A NTS 2029

PLEASE BE ADVISED THAT THE RATE FOR THE ABOVE MENTIONED ISSUE HAS BEEN FIXED
TODAY AS DETAILED BELOW.

RATE:               6.46703   PCT

POOL FACTOR:        0.436183  PCT

PERIOD:             15TH MARCH 1999  TO  15TH JUNE 1999

AMOUNTS PAYABLE:    100,000 = GBP 617.55


END

RC AVRVKKOKOAAR
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