75GM Hsbc Bk. 25

RNS No 1333d
CARDIFF AUTOMOBILE RECEIVABLES SECURITISATION (UK NO 3)
28th May 1998


RE. CARDIFF AUTOMOBILE RECEIVABLES SECURITISATION
(UK) NO. 3 PLC, GBP 14.6MN MEZZANINE FRN DUE
11/98
ISIN. XS0047309843
INTEREST PERIOD. 27MAY98 TO 27AUG98
INTEREST RATE SET. 8.75391  PER CENT
INTEREST PAYABLE PER DENOMINATION OF GBP 10,000
IS GBP 220.65
INTEREST PAYABLE DATE. 27AUG98

FROM: JAMES SHILLINGFORD
      CORPORATE TRUST SERVICES
      TEL. 171 982 2387 / 5903

      BANKERS TRUST COMPANY LONDON

END

RC AWOSKWSKVUAR

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