RNS No 2180h
TMC P.I.M.B.S.
29th May 1998


TMC PIMBS PLC GBP 250,000,000 FLOATING RATE
NOTES DUE AUGUST 2030 TRANCHE 1
GB0008693755

PLEASE BE ADVISED THAT WE HAVE TODAY SET RATE ON
THE ABOVE ISSUE AT 7.6878 PCT INCLUSIVE OF
0.18 PCT MARGIN FOR THE PERIOD 29MAY98 TO
28AUG98.

INTEREST PAYABLE ON 28AUG98 WILL AMOUNT TO
GBP 191.67 PER GBP10,000.00 DENOMINATION.

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818



END

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