RNS No 5185w
FINANCE FOR PEOPLE (NO 1) PLC
2 December 1998


RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 16,920,000 CLASS B
    DUE MAY 2036
    ISSUED 30 JUN 1997
    ISIN: XS0077795341

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
30NOV98 TO 26FEB99 HAS BEEN FIXED AT 7.23063 PCT PER ANNUM.

INTEREST PAYABLE VALUE 26FEB99 WILL BE:

GBP 174.33 PER GBP 10,000 DENOMINATION.
------------------------------------------------------------

RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 11,290,000 CLASS C
    DUE MAY 2036
    ISSUED 30 JUN 1997
    ISIN: XS0077795697

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
30NOV98 TO 26FEB99 HAS BEEN FIXED AT 7.57063 PCT PER ANNUM.

INTEREST PAYABLE VALUE 26FEB99 WILL BE:

GBP 182.52 PER GBP 10,000 DENOMINATION.
------------------------------------------------------------

RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 128,780,000 CLASS A2
    DUE MAY 2036
    ISSUED 30 JUN 1997
    ISIN: XS0077795184

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
30NOV98 TO 26FEB99 HAS BEEN FIXED AT 7.01063 PCT PER ANNUM.

INTEREST PAYABLE VALUE 26FEB99 WILL BE:
GBP 168.24 PER GBP 9,953.61 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

END

RC NFXAAELXPFFN
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