Income Partners Asia - Re Interest Payments

RNS No0104q
INCOME PARTNERS ASIAN COLLATERALIZED ASSETS I LIMITED
29th July 1998


RE: SENIOR INTEREST AMOUNT 
   

The Libor setting for the Interest Payment due on July 30, 1998 and the Swap
payment due on July 28, 1998 is 5.65625%.  Only the Senior Note will have 0.25%
added to this rate.

The payment on the Senior Notes is as follows:

DESCRIPTION            AMT/RATE            CALCULATION

1) 6mo USD LIBOR       5.65625%            BBA PER BLOOMBERG - January 28, 1998

2) Senior Coupon (%)   5.90625%                           6mo LIBOR plus 25 bps

3) Senior Coupon ($)  $2,920,312.50     100,000,000 *    5.90625% * 178  1/360

3) Senior Coupon ($)  $       29.20                        2,920,312.5/100,000
per $1,000





RE: JUNIOR INTEREST AMOUNT

The Libor setting for the Junior Interest Payment on July 30, 1998 is 5.65625%

The payment on the Junior Notes is as follows:



DESCRIPTION            AMT/RATE            CALCULATION

1) 6mo USD LIBOR       5.65625%            BBA PER BLOOMBERG - January 28, 1998

2) Junior Coupon (%)   5.65625%                           LIBOR flat         

3) Junior Coupon ($)  $2,471,641.79          Amount remaining in the Interest
                                             Collections account after all 
                                             waterfall payments are made 
                                             (excluding interest on Junior 
                                             Noteholders) 
3) Junior Coupon ($)                 
   per ($) per $1,000        $45.77                      2,471,641.79/54,000




END

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