BW20030218002410  20030218T155321Z UTC


( BW)(AVEBURY-PROP-LD)(BK87)  FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--Feb. 18, 2003--

As Agent Bank, please be advised of the following rate determined on: 18-Feb-2003     

Issue               : Avebury Properties Limited - Class A1
                      GB�43,000,000 Secured FRN due February 2011

ISIN Number         : XS0108393272
Issue Nomin     GBP : 43,000,000.00
Period              : 20-Feb-2003 to 20-May-2003   Payment Date 20-May-2003
Number of Days      : 89
Rate                : 4.84375           Pool Factor: 0.883721
Denomination    GB  : 44,186.05

Amount Payable 
per Denomination    : 521.87

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


   Short Name: Avebury Properties Ld
   Category Code: RC
   Sequence Number: 00002058
   Time of Receipt (offset from UTC): 20030218T154649+0000

    --30--ne/uk*

    CONTACT: Avebury Properties Ld
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: REAL ESTATE
    SOURCE: Avebury Prop Ld


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