89NK Emirate Ab 47s

    


Permanent Financing (No. 5) plc



As Agent Bank, please be advised of the following rate determined on: 08-Sep-2008
Issue              � Permanent Financing no. 5 Plc
                     EUR 43,500,000.00 FRN Due 10-Jun-2042
ISIN Number        � XS0197061764
Common Code / 144A �
 ISIN
Issue Nomin EUR    � 43,500,000.00
Period             � 10-Sep-2008 to 10-Dec-2008            Payment Date 10-Dec-2008
Number of Days     � 91
Rate               � 5.289
Denomination EUR   � 43,500,000.00         �                      �

Amount Payable per � 581,569.63            �                      �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601

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