RNS Number:2377X
Asset Backed Capital Ld
13 June 2002


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

Issue             :  ASSET BACKED CAPITAL LIMITED SERIES 65
                     USD80,000,000 MTN/FRN DUE 17 SEPTEMBER 2002
ISIN Number       :  XS0135696143
Issue Nominal USD :  80,000,000.00
Period            :  17-JUN-2002  To  17-SEP-2002    Payment Date  17-SEP-2002 
Number of Days    :  92
Rate              :  1.88688
Denomination USD  :  100,000.00
Amount Payable
Per Denomination  :  482.20

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



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