FRN Variable Rate Fix

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RNS Number:0103G
Popular Finance (Cayman) Ld
27 June 2001


RE: POPULAR FINANCE (CAYMAN) LTD
    USD 120,000,000 SERIES 65 EMTN
    DUE: JUNE 2006
    ISIN: XS0128629895 


PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
29JUN01 TO 28SEP01 HAS BEEN FIXED AT 3.71 PCT.

INTEREST PAYABLE VALUE 28SEP01 WILL AMOUNT TO
USD 937.81 PER USD 100,000 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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