FRN Variable Rate Fix

RNS Number:1301B
Arran One Limited
12 September 2002



RE: ARRAN ONE LIMITED

CLASS A US$525,000,000 SERIES 00-A CLASS A ASSET BACKED FRNS
CLASS B US$ 36,000,000 SERIES 00-A CLASS B ASSET BACKED FRNS 
CLASS C US$ 39,000,000 SERIES 00-A CLASS C ASSET BACKED FRNS 

The interest rate for the period:
          16-Sep-02 to 16-Dec-02 
in respect of the above Class A, Class B and Class C Notes are outlined below:-

Note      Principal      Rate       Start Date  End Date    Days  Interest     
CLASS A   $525,000,000   1.96625%   16-Sep-02   16-Dec-02   91    $2,609,377.60
CLASS B   $36,000,000    2.16625%   16-Sep-02   16-Dec-02   91    $  197,128.75
CLASS C   $39,000,000    2.67625%   16-Sep-02   16-Dec-02   91    $  263,833.65

USD-LIBOR has been determined at 1.826250% 

The payment is scheduled for the 16-Dec-02


RE: ARRAN ONE LIMITED

CLASS A US$875,000,000 SERIES 00-B CLASS A ASSET BACKED FRNS 
CLASS B US$ 60,000,000 SERIES 00-B CLASS B ASSET BACKED FRNS 
CLASS C US$ 65,000,000 SERIES 00-B CLASS C ASSET BACKED FRNS

The interest rate for the period:
          16-Sep-02 to 16-Dec-02 
in respect of the above Class A, Class B and Class C Notes are outlined below:-

Note      Principal      Rate       Start Date  End Date    Days  Interest
CLASS A   $875,000,000   2.01625%   16-Sep-02   16-Dec-02   91    $4,459,552.95
CLASS B   $60,000,000    2.21625%   16-Sep-02   16-Dec-02   91    $  336,131.25
CLASS C   $65,000,000    2.72625%   16-Sep-02   16-Dec-02   91    $  447,938.02

USD-LIBOR has been determined at 1.826250% 

The payment is scheduled for the 16-Dec-02


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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