BS10 Blend 38

    Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY
    GBP 4,000,000.00
    MATURING: 24/Jul/2007
    ISSUE DATE: 13/May/2002
    ISIN: XS0148013591

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
13/Feb/2006 TO 15/May/2006 HAS BEEN FIXED AT 4.636880 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 15/May/2006 WILL AMOUNT TO:
GBP 115.60 PER GBP 10,000.00 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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