RNS Number:7361F
Auburn Securities 3 PLC
2 January 2003


As Agent Bank, please be advised of the following rate determined on: 
02-JAN-2003.

Issue             :  AUBURN SECURITIES 3 PLC - CLASS A1
                     GBP106,170,000 MORTGAGE BACKED FRN DUE 1 NOV 2039
ISIN Number       :  XS0157588053
Issue Nominal GBP :  106,170,000.00
Period            :  02-JAN-2003  To  03-FEB-2003    Payment Date  03-FEB-2003 
Number of Days    :  32
Rate              :  4.22375            Pool Factor: 0.9177
Denomination GBP  :  9,177.00
Amount Payable
Per Denomination  :  33.98

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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