BW20030820002007  20030820T084354Z UTC



( BW)(AVEBURY-PROP-LD)(BK87) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--Aug. 20, 2003--

    As Agent Bank, please be advised of the following rate determined on: 18-Aug-2003

    Issue               : Avebury Properties Limited - Class A1
                          GB £43,000,000 secured FRN due February 2011
    ISIN Number         : XS0108393272
    Issue Nomin     GBP : 43,000,000.00
    Period              : 20-Aug-2003 to 20-Nov-2003        Payment Date 20-Nov-2003
    Number of Days      : 92
    Rate                : 4,65813               Pool Factor: 0.8701016
    Denomination    GB  : 43,505,08

    Amount Payable 
    per Denomination    : 510.79
    
    Institutional       Telephone   44(0) 1202 34 1286
    Trust Services      Facsimile   44(0) 1202 34 7438

   Short Name: Avebury Prop Ld
   Category Code: RC
   Sequence Number: 00008693
   Time of Receipt (offset from UTC): 20030820T091418+0100

    --30--RB/uk*

    CONTACT: Avebury Properties Ld
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: REAL ESTATE
    SOURCE: Avebury Prop Ld

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