RNS Number:5807Y
BPE Finance International Limited
12 July 2002


RE:   POPULAR FINANCE (CAYMAN) LTD
      USD 300,000,000 SERIES 63 EMTN
      DUE: JANUARY 2004
      ISIN: XS0122816845

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
16JUL02 TO 16OCT02 HAS BEEN FIXED AT 1.89125 PCT.

INTEREST PAYABLE VALUE 16OCT02 WILL AMOUNT TO
USD 4.83 PER USD 1,000 DENOMINATION
USD 48.33 PER USD 10,000 DENOMINATION
USD 483.32 PER USD 100,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 207 508 3857/3855 OR FAX: 44 207 508 3881.

FROM RATEFIX DESK
     CITIBANK N.A., LONDON


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