FRN Variable Rate Fix
17 February 2004 - 3:15AM
UK Regulatory
Preferred Residential Secs 3 PLC
As Agent Bank, please be advised of the following rate determined on:16-Feb-2004
Issue : Preferred Residential Securities 3 Plc - Class M
GBP 11,500,000 Mortgage Backed FRN due 2033
ISIN Number : XS0123850058
Issue Nomin GBP : 11,500,000.00
Period : 16-Feb-2004 to 17-May-2004 Payment Date 17-May-2004
Number of Days : 91
Rate : 5.4575
Denomination GB : 10,000.00
Amount Payable
per Denomination : 135.69
Institutional Telephone 44(0) 1202 34 1286
Trust Services Facsimile 44(0) 1202 34 7438
Pref Res 3 A 33 (LSE:BM48)
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