FRN Variable Rate Fix
October 15 2002 - 11:46AM
UK Regulatory
RNS Number:5057C
Silver No.1 PLC
15 October 2002
RE: SILVER NO.1 PLC
GBP 100,000,000 Class A1A Mortgage Backed Floating Rate Notes due 2027
ISIN: XS0127219433
GBP 23,500,000 Class M Mortgage Backed Floating Rate Notes due 2027
ISIN: XS0127268059
GBP 19,500,000 Class B Mortgage Backed Floating Rate Notes due 2027
ISIN: XS0127268216
GBP 12,500,000 Class C Mortgage Backed Floating Rate Notes due 2027
ISIN: XS0127268646
GBP 8,000,000 Class D Mortgage Backed Floating Rate Notes due 2027
ISIN: XS0127268992
Please be advised that the GBP Deposit Rate has been determined as: 3.98750%
For the period: 15-Oct-02 to 15-Nov-02
Class Beginning Principal All-in-Rate Days Interest Due Factor
Outstanding per 1,000
GBP 100m Class A1A 47,332,894.80 4.48750% 31 180,399.93 1.80400
GBP 23.5m Class M 23,500,000.00 4.63750% 31 92,559.42 3.93870
GBP 19.5m Class B 19,500,000.00 5.48750% 31 90,882.02 4.66062
GBP 12.5m Class C 12,500,000.00 6.48750% 31 68,874.14 5.50993
GBP 8m Class D 8,000,000.00 9.98750% 31 67,860.27 8.48253
The next payment date will be on:
15-Nov-02
This information is provided by RNS
The company news service from the London Stock Exchange
END
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