FRN Variable Rate Fix
11 January 2002 - 5:24AM
UK Regulatory
RNS Number:8170P
Silver No.1 PLC
10 January 2002
RE: SILVER NO.1 PLC
EUR 157,000,000 CLASS A1B MORTGAGE BACKED FLOATING RATE NOTES DUE 2027
ISIN: XS0127264900
**RESENDING WITH PRINCIPAL REPAYMENT AMOUNT**
Please be advised that the EUR Deposit Interpolation Rate has been determined
as: 3.42500%
For the period: 17-Dec-01 to 15-Jan-02
Beginning Principal
Class Outstanding All-in-rate Days Interest Due
EUR 157m Class A1B 114,099,533.32 3.90500% 29 358,922.27
Interest Factor Principal Amount Current Pool
per 1,000 Amortising Factor New Pool Factor
Class A1B:
2.28613 3,911,843.79 0.72674861987261 0.70183241738854
The next payment date will be on:
15-Jan-02
Please contact me on 0207 964 6521 if you have any queries.
FROM: KAREN HILL
THE BANK OF NEW YORK
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