FRN Variable Rate Fix

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RNS Number:6468L
Popular Finance (Cayman) Ld
15 October 2001




DATE:  12 OCTOBER 2001

RE:  POPULAR FINANCE(CAYMAN) LTD
     USD 300,000,000 SERIES 63 EMTN
     DUE:   JANUARY 2004
     ISIN:  XS0122816845

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
16OCT01 TO 16JAN02 HAS BEEN FIXED AT 2.4875 PCT.

INTEREST PAYABLE VALUE 16JAN02 WILL AMOUNT TO:
USD 6.36    PER USD 1,000 DENOMINATION
USD 63.57   PER USD 10,000 DENOMINATION
USD 635.69  PER USD 100,000 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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