BS10 Blend 38

    Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY
    CAD 200,000,000.00
    MATURING: 04/Sep/2007
    ISSUE DATE: 16/Aug/2004
    ISIN: XS0198877580

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
06/Mar/2006 TO 05/Jun/2006 HAS BEEN FIXED AT 4.090000 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 05/Jun/2006 WILL AMOUNT TO:
CAD 101.97 PER CAD 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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