BP29 Platform 'a' 32

RNS Number:9914E
Platform Home Loans No.2 PLC
11 December 2002


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

Issue             :  PLATFORM HOME LOANS NO.2 PLC - CLASS A  
                     #183,000,000 MORTGAGE BACKED FRN DUE DECEMBER 2032
ISIN Number       :  XS0118479277
Issue Nominal GBP :  183,000,000.00
Period            :  11-DEC-2002  To  11-MAR-2003    Payment Date  11-MAR-2003 
Number of Days    :  90
Rate              :  4.42                 Pool Factor:   0.293
Denomination  GBP :  2,930.00        100,000.00
Amount Payable
Per Denomination  :  31.93 

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


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

END

RC UASNRUKRUAAA

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