3.99% FOR EVEN LONGER

3.99% FOR EVEN LONGER - BRITANNIC MONEY EXTENDS 2-YEAR DISCOUNTED MORTGAGE Britannic Money, the flexible and Current Account Mortgage specialist (CAM®) today announces that its 2-year discounted product will be available until further notice. The product has a headline rate of 3.99% and is one of the most competitive 2-year discounted products in the market place today.* New Britannic Money customers will benefit from the following features: · 3.99% up to 95% Loan to Value (for full status & re-mortgage and up to 85% for self-cert/self-employed) · Full flexibility · Daily interest · Current account option · Banking facilities for instant access to overpayments · No extended early redemption period · PLUS free MPPI cover for the first 6 months of the mortgage. · * Source: Moneyfacts - correct as of 24 July '02 Ends For further information, please contact: Rachel Ramsden / Claire Kennedy / Ramona Leavers Head of Marketing / Communications & PR Manager / PR Executive Britannic Money 01372 730 755 / 01372 730 634 / 01372 737 629 Or: Beverley Aujla / Poppy Nagra Lansons Communications Tel: 020 7 490 8828 Notes to editors CAM® is a registered trademark of Britannic Money plc BM was granted "CAM" as a trademark in March 2001 in trademark classes 16 (printed matter) and 36 (financial services). Britannic Money 2- Year discounted mortgage · Product - Discount of 1.9% in year 1&2 · Arrangement fee of £199 is applicable · An Early Repayment Charge years of 3% is applicable on full redemption in years 1 & 2 · This product has limited availability and is available until 31st July 2002. · Britannic Money plc · First Active re-launched as Britannic Money in February 2001. · Britannic Money is jointly owned by Britannic Group, which acquired a 60% stake in First Active Financial plc on 30 September 2000 and First Active Plc, which holds a 40% share. · Britannic Money offers specialist flexible mortgage products to key customer groups. · Britannic Money's Current Account Mortgage was the first loan to offer the option of combining a mortgage and bank account. · Britannic Money has led the way since flexible mortgages first entered the UK market in the mid-'90s, having won the "Your Mortgage" Best Flexible Mortgage Award for the fifth consecutive year. Britannic Money has also won the following "Your Mortgage" awards for 2001/2002: Best CAM/Offset Lender, Highly Commended Intermediary Lender and Highly Commended Innovative Lender. Britannic Group · Britannic Group consists of: · Britannic Asset Management Limited · Britannic Assurance plc · Britannic Money plc (formerly First Active Financial plc) · Britannic Retirement Solutions Limited (formerly Evergreen Retirement Assurance Limited) · Britannic Group sponsors Frasier and Britannic Street. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/24/20020724BIT00570/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/24/20020724BIT00570/wkr0002.pdf

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