65OG Argent.gf Zcn39

RNS Number:4227W
Asset Backed Capital Ld
24 May 2002



As Agent Bank, please be advised of the following rate determined on: 
24-MAY-2002.

Issue             :  ASSET BACKED CAPITAL LTD (MTN)
                     US$100,000,000 FRN DUE 28/2/2007
ISIN Number       :  XS0074233148
Issue Nominal USD :  92,000,000.00
Period            :  28-MAY-2002  To  28-AUG-2002    Payment Date  28-AUG-2002 
Number of Days    :  92
Rate              :  2.35
Denomination USD  :  100,000.00
Amount Payable
Per Denomination  :  600.56 

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




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