Britannia Building Society

RE: BRITANNIA BUILDING SOCIETY
GBP 2,900,000.00
MATURING: 11-Jan-2012
ISSUE DATE: 17-Jan-2006
ISIN: XS0241158525

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
11-Apr-2006 TO 11-Jul-2006 HAS BEEN FIXED AT 4.698130 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 11-Jul-2006 WILL AMOUNT TO:
GBP 585.66 PER GBP 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
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