As Agent Bank, please be advised of the following rate determined            on: 10-Nov-2008
 Issue                             � Mound Financing (No. 4) plc - Series 4 Class C
                                   GBP 27,800,000.00 Asset Backed FRN Due 08-Feb-2042
 ISIN Number                       � XS0229409023
 Common Code / 144A ISIN           � US62052MAQ15
 Issue Nomin GBP                   � 27,800,000.00
 Period                            � 10-Nov-2008 to 09-Feb-2009              Payment Date 09-Feb-2009
 Number of Days                    � 91
 Rate                              � 5.0612
 Denomination GBP                  � 50,000.00             � 27,800,000.00                      �
                                                                                                     
 Amount Payable per Denomination   � 630.92                � 350,789.69                         �
                                                                                                     
 Bank of New York
 Rate Fix Desk                                             Telephone         � 44 1202 689580
 Corporate Trust Services                                  Facsimile         � 44 1202 689601
    


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