RNS Number:4946V
Cheyne CBO 1 Ld
8 December 2000

Please be advised that the interest payable on the Senior Floating Rate Notes
for Cheyne CBO 1 Limited for the next Interest Accrual Period and payment Date
will be 6.70125% per annum.

The next Payment Date will be 11 June 2001.

Contact for queries:   Andrew Turner, The Chase Manhattan Bank London


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