77KJ Akademiska 25

RNS No 635k
FINANCE FOR PEOPLE (NO.1) PLC
28 May 1999


RE: FINANCE FOR PEOPLE (NO.1) PLC
GBP 128,780,000 CLASS A2
DUE MAY 2036
ISSUED 30 JUN 1997
ISIN: XS0077795184

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 28MAY99 TO 31AUG99 HAS BEEN FIXED AT 5.50313 PCT PER ANNUM.

THE COUPON AMOUNT DUE 31AUG99 WILL AMOUNT TO:
GBP 129.61 PER GBP 9,048.99 DENOMINATION.
------------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.

RATEFIX DESK
CITIBANK N.A., LONDON


END

RC NFXSPAAENEFN

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