Avebury Properties Ltd


As Agent Bank, please be advised of the following rate determined on:16-Feb-2007
Issue               : Avebury Properties Limited - Class A1
                      GB�43,000,000 Secured FRN due February 2011
ISIN Number         : XS0108393272
Common Code /         108393272
144A ISIN
Issue Nomin     GBP : 43,000,000.00
Period              : 20-Feb-2007 to 21-May-2007       Payment Date 21-May-2007
Number of Days      : 90
Rate                : 6.68125           Pool Factor: 0.30243467
Denomination    GB  : 15,121.73
Amount Payable
per Denomination    : 249.12

JPMorgan Chase Bank
Institutional       Telephone   44(0) 1202 32 6660
Trust Services      Facsimile   44(0) 1202 34 7939



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