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Securitization

	Pre Sale Report Moody´s Offering Circular Quarterly pay out report Revision Rating Previous Quarterly pay out reports

INFORMATION SHEET	JUNE 1999
MORTGAGE SECURITISATION FUND UCI 5 MORTGAGE SECURITISATION BONDS 265.000.000 Euros CLASS A 253.000.000 Euros. EURIBOR 3M + 0,23% CLASS B 12.000.000 Euros. EURIBOR 3M + 0,625% SUPPORTED BY MORTGAGE PARTICIPATIONS ASSIGNED BY
MANAGERS AND COORDINATORS OF THE ISSUE. BANCO SANTANDER CENTRAL HISPANO AND PARIBAS.
PAYING AGENT BANCO SANTANDER CENTRAL HISPANO Developed, promoted and administered by: SANTANDER DE TITULIZACIÓN, S.G.F.T., S.A. Sheet registered in the C.N.M.V. Registers at 1^st June 1999

REVISION RATING

INITIAL RATING
	Agency	Rating	Date
CLASS B	Moody's	A2	08/06/1999

REVISION RATING
	Agency	Rating	Date	Upgrade
CLASS B

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