RNS Number:5582Y
Holmes Financing (No.3) PLC
12 July 2002

                              ** AMENDED **

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

Issue             :   HOLMES FINANCING (NO.3) PLC - SERIES 3 CLASS A 
                      EUR 805,000,000 FRN DUE JULY 2040
ISIN Number       :   XS0129181193
Issue Nominal EUR :   805,000,000.00
Period            :   15-JUL-2002  To  15-OCT-2002  Payment Date  15-OCT-2002 
Number of Days    :   92
Rate              :   3.654
Denomination EUR  :   10,000.00        100,000.00
Amount Payable
Per Denomination  :   **93.38**        **933.80**

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438


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