Zenith Inv. Ld.

FRN Variable Rate Fix-Amend

Zenith Investments Ld
18 October 2001

LETTER TO:  COMPANY ANNOUNCEMENTS OFFICE

                          * Amended *

As Agent Bank, please be advised of the following rate determined on: 
29-Aug-2001.

Issue             :  Zenith Investments Limited Series 2001-29
                     EUR30,099,000 FRN due 3 Mar 2003

ISIN Number       :  XS0134347359

Issue Nominal EUR :  30,099,000.00
Period            :  31-Aug-2001  to  19-Nov-2001    Payment Date  19-Nov-2001 
Number of Days    :  80
Rate              :  5.14613
Denomination EUR  :  30,099,000.00 
Amount Payable
per Denomination  :  * 344,207.48 *

From:  Chase Manhattan Bank