BS10 Blend 38

    Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY
    GBP 250,000,000.00  
    MATURING: 10/Apr/2007
    ISSUE DATE: 25/Mar/2004
    ISIN: XS0188701857

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
10/Jan/2006 TO 10/Apr/2006 HAS BEEN FIXED AT 4.663130 PCT.

DAY BASIS 90/365

INTEREST PAYABLE VALUE 10/Apr/2006 WILL AMOUNT TO:
GBP 11.50 PER GBP 1,000.00 DENOMINATION.
GBP 114.98 PER GBP 10,000.00 DENOMINATION.
GBP 1,149.81 PER GBP 100,000.00 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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