RNS Number:3480A
Asset Backed Capital Ld
23 August 2002



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

Issue             :  Asset Backed Capital Ltd (MTN)
                     US$100,000,000 FRN Due 28/2/2007
ISIN Number       :  XS0074233148
Issue Nominal USD :  92,000,000.00
Period            :  28-Aug-2002  To  29-Nov-2002    Payment Date  29-Aug-2002 
Number of Days    :  93
Rate              :  2.24625
Denomination US   :  100,000.00
Amount Payable
Per Denomination  :  580.28

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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