Skipton Building Society



                           RATE FIX NOTICE
Issue Name:                 Skipton Building Society
                            Series 54
                            EUR 50,000,000.00 Floating Rate Notes
                            due 19 November 2014
ISIN Code:                  XS0206124520
Interest Rate:              5.060000%
Base Rate:                  4.860000%
Interest Period:            19-May-08 to 19-Aug-08
Day Count Method:           Actual/360
Number of Days in Period:   92
Payment Date:               19-Aug-08

Denomination:               Coupon:
--------------------------- ------------------------------------------
                 100,000.00 EUR                               1,293.11



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