Britannia Building



Re:  BRITANNIA BLDG SOC
     GBP 5,500,000.00
     MATURING: 22-Dec-2010
     ISIN: XS0209198257

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
24-Dec-2007 TO 25-Mar-2008 HAS BEEN FIXED AT 6.191250 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 25-Mar-2008 WILL AMOUNT TO:
GBP 156.05 PER GBP 10,000.00 DENOMINATION
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