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Finance for People (77KJ)

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Thursday 12 August, 1999

Finance for People

FRN Variable Rate Fixes-Amend

FINANCE FOR PEOPLE (NO.1) PLC
12 August 1999


RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 16,920,000 CLASS B
    DUE MAY 2036
    ISSUED 30 JUN 1997
    ISIN: XS0077795341

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 28MAY99 TO 31AUG99 HAS BEEN FIXED AT 5.72313 PCT PER ANNUM.

THE COUPON AMOUNT DUE 31AUG99 WILL AMOUNT TO:
GBP 148.96 PER GBP 10,000.00 DENOMINATION.
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RE: FINANCE FOR PEOPLE (NO.1) PLC
    GBP 11,290,000 CLASS C
    DUE MAY 2036
    ISSUED 30 JUN 1997
    ISIN: XS0077795697

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 28MAY99 TO 31AUG99 HAS BEEN FIXED AT 5.50313 PCT PER ANNUM.

THE COUPON AMOUNT DUE 31AUG99 WILL AMOUNT TO:
GBP 157.81 PER GBP 10,000.00 DENOMINATION.
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.


RATEFIX DESK
CITIBANK N.A., LONDON


                                                                                                                                                                                                                      

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