FRN Variable Rate Fix
August 27 2004 - 7:45AM
UK Regulatory
Asset Backed Capital
RATE FIX NOTICE
Issue Name: Asset Backed Capital Ltd Series 1
US$ 92,000,000 Floating Rate
Senior Subordinated Notes Due 2007
ISIN Code: XS0074233148
Interest Rate: 2.231250%
Base Rate: 1.781250%
Interest Period: 31-Aug-04 to 29-Nov-04
Day Count Method: Actual/360
Number of Days in Period: 90
Payment Date: 29-Nov-04
Denomination: Coupon:
------------------ ---------------------------
100,000.00 USD 557.81
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