RNS Number:1465P
Westland Utrecht Hypotheekbank N.V.
21 December 2001




RE: WESTLAND/UTRECHT HYPOTHEEKEN BANK N.V
    EUR 150,000,000 SERIES 502 EMTN
    DUE 23 SEPTEMBER 2002
    ISIN: XS0126786812

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD 21DEC01 TO 
21MAR02 HAS BEEN FIXED AT 3.348 PCT.

THE COUPON AMOUNT DUE 21MAR02 WILL AMOUNT TO: 
EUR 837.00 PER EUR 100,000 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
44 20 7508 3857/3855 OR FAX 44 20 7508 3881.

RATE FIXING
CITIBANK N.A. LONDON




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