75GM Hsbc Bk. 25

RNS No 1955e
CARDIFF AUTOMOBILE RECEIVABLES SECURITISATION UK NO3
27th August 1998


RE. CARDIFF AUTOMOBILE RECEIVABLES SECURITISATION
UK NO3 GBP 14,600,000 FRN DUE 11/98
COMMON CODE. 4730984
INTEREST PERIOD. 27AUG98-27NOV98
INTEREST RATE SET.    9.0   PER CENT
INTEREST PAYABLE PER DENOMINATION OF GBP 10,000
IS 226.85
INTEREST PAYABLE DATE. 27NOV98

PAUL ALLSOP
CORPORATE TRUST SERVICES
TEL. 171 982 2387 / 5903

BANKERS TRUST COMPANY LONDON

END

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