RNS Number:7013Z
Arran One Limited
11 June 2004


RE: ARRAN ONE LIMITED

CLASS A US$875,000,000 SERIES 00-B CLASS A ASSET BACKED FRNS 
CLASS B US$ 60,000,000 SERIES 00-B CLASS B ASSET BACKED FRNS 
CLASS C US$ 65,000,000 SERIES 00-B CLASS C ASSET BACKED FRNS


The interest rate for the period:

                    15-Jun-04 to 15-Sep-04 

in respect of the above Class A, Class B and Class C Notes are outlined below:-

Note         Principal       Rate  Start Date     End Date Days        Interest

CLASS A   $875,000,000   1.71000%   15-Jun-04    15-Sep-04   92   $3,823,750.00
CLASS B    $60,000,000   1.91000%   15-Jun-04    15-Sep-04   92     $292,866.67
CLASS C    $65,000,000   2.42000%   15-Jun-04    15-Sep-04   92     #401,988.89
       
       

USD-LIBOR has been determined at 1.520000% 

The payment is scheduled for the 15-Sep-04 


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

END

RC GUUGCQUPCGQG

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