Lothian Mortgages Master Issuer


RE: LOTHIAN MORTGAGES MASTER ISSUER PLC
    EUR 471,250,000.00
    MATURING: 24-Apr-2050
    ISSUE DATE: 11-May-2006
    ISIN: XS0254003725

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
24-Apr-2007 TO 24-Jul-2007 HAS BEEN FIXED AT 4.078000 PCT

DAY BASIS 91/360

INTEREST PAYABLE VALUE 24-Jul-2007 WILL AMOUNT TO:
EUR 515.41 PER EUR 50,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881
Email: rate.fixing@citigroup.com
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