As Agent Bank, please be advised of the following rate determined            on: 12-Jan-2009
 Issue                           � ARRAN RESIDENTIAL MORTGAGES FUNDING NO.1 PLCGBP 850,500,000 Class A2a Floating Rate
Notes due 2056
                                 144a US042706AB71
                                                                                                                                     
 ISIN Number                     � XS0256205690
 ISIN Reference                  �
 Issue Nomin GBP                 � 850,500,000.00
 Period                          � 12-Jan-2009 to 14-Apr-2009                                        Payment Date
14-Apr-2009
 Number of Days                  � 92
 Rate                            � 2.40750                                   Pool Factor: 0.860975789536
 Denomination GBP                � 50,000.00                      �                                                          
�
                                                                                                                                     
 Amount Payable per              � 261.23                         �                                                          
�
 Denomination
                                                                                                                                     
 Bank of New York
 Rate Fix Desk                                                    Telephone                          � 44 1202 689580
 Corporate Trust Services                                         Facsimile                          � 44 1202 689601
    
    
    


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