Auburn Securities 3


As Agent Bank, please be advised of the following rate determined on:02-Nov-2006

Issue               : Auburn Securities 3 Plc - Class M
                      GBP26,200,000 Mortgage Backed FRN Due 1 Nov 2039
ISIN Number         : XS0157588723
Common Code /         15758872
144A ISIN
Issue Nomin     GBP : 26,200,000.00
Period              : 01-Nov-2006 to 01-Dec-2006   Payment Date 01-Dec-2006
Number of Days      : 30
Rate                : 6.32
Denomination    GB  : 10,000.00

Amount Payable
per Denomination    : 51.95

Institutional       Telephone   44(0) 1202 32 6660
Trust Services      Facsimile   44(0) 1202 34 7939



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