RNS Number:4244H
FCE Bank PLC
12 February 2003


As Agent Bank, please be advised of the following rate determined on: 
12-FEB-2003.

Issue             :  FORD CREDIT EUROPE PLC - SERIES AK
                     EUR600,000,000 (MTN)FRN DUE 14/05/04
ISIN Number       :  XS0128957478
Issue Nominal EUR :  600,000,000.00
Period            :  14-FEB-2003  To  14-MAY-2003    Payment Date  14-MAY-2003 
Number of Days    :  89
Rate              :  2.978
Denomination  EUR :  1,000.00          10,000.00          100,000.00
Amount Payable
Per Denomination  :  7.36             73.62             736.23

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438



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