RNS Number:5326E
Finance for People (No.1) PLC
31 May 2001



DATE : 31 MAY 2001

RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 128,780,000 CLASS A2
    DUE MAY 2036
    ISIN: XS0077795184

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 31MAY01 TO 31AUG01 HAS BEEN FIXED AT 5.38375 PCT PER ANNUM.

THE COUPON AMOUNT DUE 31AUG01 WILL AMOUNT TO:
GBP 68.72 PER GBP 5,063.99 DENOMINATION.
------------------------------------------------------------------

RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 16,920,000 CLASS B
    DUE MAY 2036
    ISIN: XS0077795341

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 31MAY01 TO 31AUG01 HAS BEEN FIXED AT 5.60375 PCT PER ANNUM.

THE COUPON AMOUNT DUE 31AUG01 WILL AMOUNT TO:
GBP 103.10 PER GBP 7,299.53 DENOMINATION.
------------------------------------------------------------------

RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 11,290,000 CLASS C
    DUE MAY 2036
    ISIN: XS0077795697

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 31MAY01 TO 31AUG01 HAS BEEN FIXED AT 5.94375 PCT PER ANNUM.

THE COUPON AMOUNT DUE 31AUG01 WILL AMOUNT TO:
GBP 109.39 PER GBP 7,301.92 DENOMINATION.
------------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.


RATEFIX DESK
CITIBANK N.A., LONDON
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