RNS Number:2374E
Westland Utrecht Hypotheekbank N.V.
25 November 2002



RE:  WESTLAND/UTRECHT HYPOTHEEKEN BANK N.V 
     CHF 100,000,000 SERIES 542 EMTN 
     DUE: 27 MAY 2003 
     ISIN: XS0130005811

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 27NOV02 TO 27MAY03 HAS BEEN FIXED AT 0.81 PCT.

THE COUPON AMOUNT DUE 27MAY03 WILL AMOUNT TO:
CHF 407.25 PER CHF 100,000 DENOMINATION
 
IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL: 44 20 7508 3857/3855 OR FAX: 44 207 508 3881.


RATEFIX DESK 
CITIBANK N.A., LONDON

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