Directorate Change

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Name	Symbol	Market	Type
Stand.chart.44r	LSE:31PB	London	Medium Term Loan

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%							0	-

Directorate Change

25/10/2002 10:07am

UK Regulatory

RNS Number:9484C
Clover Funding No.1 PLC
25 October 2002

                   CLOVER FUNDING NO. 1 PLC  (the "Company")

                               Directorate change



The Company announces that Mr Alan Irvine Pickup has resigned as a director of
the Company with effect from 24 October 2002.

The Company announces that Mr Simon Glass has been appointed as an executive
director of the Company with effect from 24 October 2002. Please find set out
below the details in respect of Mr Glass which are required to be disclosed
under Chapter 16.4 of the Listing Rules.

Current directorships

Company                                                     Date of Appointment
Clover Funding No 2 Plc                                     24 October 2002
Clover Funding No 3 Plc                                     24 October 2002

There are no disclosures to be made in respect of Mr Glass under paragraph 6.F.2
(b)-(g) of the Listing Rules.

Further enquiries

Robin Baker                                             Telephone 0207 614 1111

SPV Management Limited (Company Secretary)






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