BP29 Platform 'a' 32

RNS Number:9919E
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 C
                     #3,960,000 MORTGAGE BACKED FRN DUE DECEMBER 2032
ISIN Number       :  XS0118490837
Issue Nominal GBP :  3,960,000.00
Period            :  11-DEC-2002  To  11-MAR-2003    Payment Date  11-MAR-2003 
Number of Days    :  90
Rate              :  7.5                    Pool Factor:  0.8503
Denomination GBP  :  8,503.0          100,000.00
Amount Payable
Per Denomination  :  157.25             1,935.07

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



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END

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