75GM Hsbc Bk. 25

RNS No 1635n
CARDIFF AUTOMOBILE RECEIVABLES SECURITISATION (UK) NO 3 PLC
27th August 1997

TO COMPANY ANNOUNCEMENTS OFFICE

RE.  CARDIFF AUTOMOBILE RECEIVABLES
SECURITISATION (UK) NO. 3 PLC
GBP 14600000 MEZZANINE FLOATING RATE NOTES DUE
1997

ISIN NO.

WE HEREBY INFORM YOU THAT FOR THE INTEREST PERIOD
27/8/97            TO  27/11/97
THE NOTES WILL BEAR INTEREST AT A RATE OF 8.56641
PER CENT PER ANNUM WITH A COUPON AMOUNT OF 215.92
PER GBP 10000 NOTE PAYABLE ON THE 27/11/97.

BANKERS TRUST COMPANY LONDON
AGENT BANK
CORPORATE TRUST SERVICES


END

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