Equity Release Funding No.4



Re:  EQUITY RELEASE FUNDING NO.4 PLC
     GBP 125,000,000.00
     MATURING: 30-Jul-2039
     ISIN: XS0197423188

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
30-Apr-2008 TO 30-Jul-2008 HAS BEEN FIXED AT 6.088750 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 30-Jul-2008 WILL AMOUNT TO:
GBP 44.45 PER GBP 2,928.00 DENOMINATION
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