96IL Cred Ag Co 29

RNS No 0870v
TMC PIMBS PLC
1st December 1997


TMC PIMBS TRANCHE NO 8 7TH FINANCING
GBP 300,000,000 CLASS A MORTGAGE BACKED FLOATING
RATE NOTES DUE 2031. XS0033924902
GBP 35,000,000 CLASS B MORTGAGE BACKED FLOATING
RATE NOTES DUE 2031. XS0033956771
PLEASE BE ADVISED THAT WE HAVE TODAY FIXED
THE RATE FOR THE PERIOD 28NOV97 TO 27FEB98
AS FOLLOWS
CLASS A 8.1766 PCT PER ANNUM
CLASS B 8.4766 PCT PER ANNUM
INTEREST PAYABLE VALUE 27FEB98 WILL BE
CLASS A GBP 32.19 PER GBP 1,578.97 NOTE.
CLASS B GBP 211.33 PER GBP 10,000.00 NOTE.

From:
PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


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