RNS Number:0866S
Permanent Custodians Ld
26 February 2002

                                 AMENDMENT


RE:  AMS PERMANENT CUSTODIANS LIMITED
     USD 582,000,000 CLASS A MORTGAGE BACKED FLOATING RATE BONDS
     DUE 2032
     ISIN:  XS0139241805

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 11FEB02 TO 10MAY02 HAS
BEEN FIXED AT 2.15 PCT.

INTEREST PAYABLE 10MAY02 WILL AMOUNT TO 
USD 507.53 PER USD 96,570 DENOMINATION.


IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
44 207 508 3855/5857 OR FAX 44 207 508 3881.


RATE-FIX DESK
CITIBANK N.A. LONDON


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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