RNS Number:5302C
Holmes Financing (No.5) PLC
15 October 2002



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

Issue             :  HOLMES FINANCING (NO. 5) PLC - SERIES 3 CLASS A2
                     #500,000,000 FRN DUE JULY 2040
ISIN Number       :  XS0137887070
Issue Nominal GBP :  500,000,000.00
Period            :  15-OCT-2002  To  15-JAN-2003    Payment Date  15-JAN-2003 
Number of Days    :  92
Rate              :  4.2175
Denomination GBP  :  100,000.00       10,000.00
Amount Payable
Per Denomination  :  1,063.04         106.30

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



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