54KJ Sigma Fin. Nt12

RNS No 9617b
AVCO TRUST PLC
20th November 1998


TO:  COMPANY ANNOUNCEMENTS OFFICE

RE: AVCO TRUST PLC
GBP 125,000,000
GUARANTEED FLOATING RATE NOTES
DUE MAY 2000
ISIN: XS0075938489

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE
FOR THE PERIOD 20NOV98 TO 22FEB99 HAS
BEEN FIXED AT 7.05031 PCT PER ANNUM.

THE COUPON AMOUNT DUE 22FEB99 WILL AMOUNT TO:
GBP 181.57 PER GBP 10,000 DENOMINATION.
GBP 1,815.70 PER GBP 100,000 DENOMINATION.
---------------------------------------------------------------
IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK
ON TEL:  44 171 508 3857 OR FAX:  44 171 508 3881.


FROM
RATE FIX DESK
CITIBANK N.A. LONDON

END

RC VBFFLVFKXFKL

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