FRN Variable Rate Fix
16 May 2002 - 5:42PM
UK Regulatory
RNS Number:9940V
Preferred Residential Secs 3 PLC
15 May 2002
LETTER TO: RNS
As Agent Bank, please be advised of the following rate determined on 15-May-2002
Issue: Preferred Residential Securities 3 Plc - Class M
GBP11,500,000 Mortgage Backed FRN due 2033
ISIN Number: XS0123850058
Issue Nominal GBP: 11,500,000.00
Period: 15-May-2002 to 15-Aug-2002 Payment Date 15-Aug-2002
Number of Days: 92
Rate: 5.455
Denomination GBP: 10,000.00
Amount Payable
per Denomination: 137.50
As Agent Bank, please be advised of the following rate determined on 15-May-2002
Issue: Preferred Residential Securities 3 Plc - Class A
GBP113,500,000 Mortgage Backed FRN due 2033
ISIN Number: XS0123849712
Issue Nominal GBP: 113,500,000.00
Period: 15-May-2002 to 15-Aug-2002 Payment Date 15-Aug-2002
Number of Days: 92
Rate: 4.595 Pool Factor: 0.6546
Denomination GBP: 6,546.00
Amount Payable
per Denomination: 75.82
From: JP Morgan
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