RNS Number:9531J
Perpetual Trustee Co Ld
11 April 2003


Dated: 10th April 2003


                              RATE FIX NOTICE:

Issue:    Perpetual Company Ltd in its Capacity as Trustee of the Series
          2002-1E SWAN Trust $550,000,000 FRN due 13 July 2033 XS0151375333

Note Denom:                           USD 100,000.00
Interest Determination Date:          April 10, 2003
Class A Note Interest Rate:           1.46000%
Class A Margin:                       0.18%
3 Month USD LIBOR:                    1.28000%
Interest Period:                      14th April 2003 to the 14th July 2003
Business days for payment:            London, New York, Sydney and Perth
Days in Period:                       91
Day count rule:                       Actual / 360
Interest Payment Date:                14th July 2003
Interest amount per note denom, 
rounded to nearest cent:              USD 288.43 (after pool factor)
Number of notes:                      5,500
Pool factor after 14/04/03 pay-down:  0.78153642


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

END

RC UARVRORRSAAR