BW20030311000060  20030311T152348Z UTC


( BW)(PLATFORM-HOME-LNS(2))(BP29) FRN Variable Rate Fix 

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--March 11, 2003--

As Agent Bank, please be advised of the following rate determined on: 11-Mar-2003      

Issue               : Platform Home Loans No.2 Plc - Class M
                      �14,500,000 Mortgage Backed FRN Due Decemeber 2032
ISIN Number         : XS0118479434
Issue Nomin     GBP : 14,500,000.00
Period              : 11-Mar-2003 to 11-Jun-2003          Payment Date 11-Jun-2003
Number of Days      : 92
Rate                : 4.945
Denomination    GB  : 10,000.00     100,000.00

Amount Payable 
per Denomination    : 124.64        1,246.41

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

   Short Name: Platform Home Lns(2)
   Category Code: RC
   Sequence Number: 00002707
   Time of Receipt (offset from UTC): 20030311T150629+0000

    --30--FG/uk*

    CONTACT: Platform Home Loans (No.2) Plc
 

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Platform Home Lns(2)

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