RNS Number:0834F
Arran One Limited
13 December 2002


RE: ARRAN ONE LIMITED

CLASS A US$875,000,000 SERIES 00-B CLASS A ASSET BACKED FRNS
CLASS A US$ 60,000,000 SERIES 00-B CLASS B ASSET BACKED FRNS
CLASS A US$ 65,000,000 SERIES 00-B CLASS C ASSET BACKED FRNS

The interest rate for the period:
                          16-Dec-02 to  17-Mar-03
in respect of the above Class A, Class B and Class Notes are outlined below:-


Note      Principal      Rate       Stat Date   End Date    Days  Interest

CLASS A   $875,000,000   1.60000%   16-Dec-02   17-Mar-03   91    $3,538,888.89
CLASS B   $60,000,000    1.80000%   16-Dec-02   17-Mar-03   91    $273,000.00
CLASS C   $65,000,000    2.31000%   16-Dec-02   17-Mar-03   91    $379,545.83


USD-LIBOR has been determined at  1.410000%

The payment is scheduled for the  17-Mar-03



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
RC GUGRUPUPPGGW

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