96IL Cred Ag Co 29

RNS No 9037x
TMC PIMBS PLC
31st October 1997


TO COMPANY ANNOUNCEMENTS OFFICE

TMC PIMBS PLC GBP250,000,000.00 FLOATING RATE
NOTES DUE JULY 2029 TRANCHE 2
XS0015332744

PLEASE BE ADVISED THAT WE HAVE TODAY SET RATE ON
THE ABOVE ISSUE AT 7.5394 PCT INCLUSIVE OF
0.18 PCT MARGIN FOR THE PERIOD 31OCT97 TO
30JAN98

INTEREST PAYABLE ON 30JAN98 WILL AMOUNT TO
GBP 187.97 PER GBP10,000.00 DENOMINATION.

PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8777
MORGAN GUARANTY TRUST CO LONDON

END

RC DFFFXDBKBFKQ

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