RNS Number:9652G
Auburn Securities 3 PLC
3 February 2003

As Agent Bank, please be advised of the following rate determined on: 
03-Feb-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            :  03-Feb-2003  To  03-Mar-2003    Payment Date  03-Mar-2003
Number of Days    :  28
Rate              :  4.20063          Pool Factor:   0.8667
Denomination GB   :  8,667.00         
Amount Payable       
Per Denomination  :  27.93

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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