RNS Number:7710S
Platform Home Loans No.2 PLC
11 March 2002



As Agent Bank, please be advised of the following rate determined on: 
11-MAR-2002.

Issue             :  PLATFORM HOME LOANS No.2 PLC - CLASS M
                     £14,500,000 MORTGAGE BACKED FRN DUE DECEMBER 2032
ISIN NO           :  XS0118479350
Issue Nominal GBP :  14,500,000.00
Period            :  11-MAR-2002  To  11-JUN-2002    Payment Date  11-JUN-2002 
Number of Days    :  92
Rate              :  5.39298
Denomination GB   :  10,000.00     100,000.00
Amount Payable
Per Denomination  :  135.93        1,359.33

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438

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