RNS Number:1113J
Equity Release Funding (No.1) PLC
28 August 2001


FROM RATE FIXING 

DATE 28 AUGUST 2001

RE    EQUITY RELEASE FUNDING NO 1 PLC
      GBP 35,000,000 CLASS A1 MORTGAGE BACKED FLOATING RATE NOTES
      DUE: FEBRUARY 2026 
      ISIN: XS0121197809

PLEASE BE ADVISED THAT THE INTEREST RATES FOR THE PERIOD 
28AUG01 TO 26NOV01 HAS BEEN FIXED AT 5.43375 PCT PER ANNUM.

INTEREST PAYABLE VALUE 26NOV01 WILL AMOUNT TO:
GBP 13.40    PER GBP 1,000 DENOMINATION 
GBP 133.98   PER GBP 10,000 DENOMINATION 
GBP 1,339.83 PER GBP 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.
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