75GM Hsbc Bk. 25

RNS No 8077r
CARDIFF AUTOMOBILE RECEIVABLES SECURITISATION (UK) NO.3 PLC



DOCUMENT RE:  DIRECTORS' REPORT AND FINANCIAL STATEMENTS
              FOR THE PERIOD ENDED 27 MAY 1997


A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END


ACSBDBBBRBDCCRS

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