BW20030401002099  20030401T171507Z UTC


( BW)(WESTLAND-UTRECHT)(BG22) Early Redemption

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--April 1, 2003--

Please be advised that the following issue has been redeemed early:

CALL OPTION

ISIN:               XS0086343430

Issuer:             WESTLAND/UTRECHT

Call Date:          14-APR-2003

Redemption Amount:  ITL 10,000,000,000.00

New Amount O/S:     NIL

   Short Name: WEstland Utrecht
   Category Code: MSC
   Sequence Number: 00003547
   Time of Receipt (offset from UTC): 20030401T170311+0100

    --30--RA/uk*

    CONTACT: Westland/Utrecht Hypotheekbank N.V.
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Westland Utrecht
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