Zenith Investments Ld
27 June 2003


Zenith Investment Limited

27 June 2003

RE: RATE FIX NOTIFICATION

AS AGENT BANK, PLEASE BE ADVISED OF THE FOLLOWING RATE DETERMINED ON:
03-JUN-2003

ISSUE: ZEINTH INVESTMENTS LIMITED - SERIES 2003-8
JPY 5,520,000,000 Secured FRN Callable Notes due 12 June 2006
ISIN: XS0168690823
ISSUE NOMINAL JPY: 5,520,000,000.00
PERIOD: 05-JUN-2003 to 12-Sept-2003
PAYMENT DATE: 12-Sep-2003
NUMBER OF DAYS: 99
RATE: 0.05806
DENOMINATION JPY: 100,000.00
AMOUNT PAYABLE PER DENOMINATION: 159


Institutional                                Telephone      44 (0) 1202 34 1286
Trust Services                               Facsimile      44 (0) 1202 34 7438


This announcement has been issued through the Companies Announcement Service of
                            The Irish Stock Exchange


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