Derbyshire Building Society

RE: DERBYSHIRE BUILDING SOCIETY
GBP 150,000,000.00
MATURING: 05-Jun-2007
ISSUE DATE: 05-Jun-2002
ISIN: XS0148012601

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
05-Sep-2006 TO 05-Dec-2006 HAS BEEN FIXED AT 5.106880 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 05-Dec-2006 WILL AMOUNT TO:
GBP 12.73 PER GBP 1,000.00 DENOMINATION
GBP 127.32 PER GBP 10,000.00 DENOMINATION.
GBP 1,273.22 PER GBP 100,000.00 DENOMINATION.
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