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-Jul-2008 TO 30-Oct-2008 HAS BEEN FIXED AT 6.03 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 30-Oct-2008 WILL AMOUNT TO:
GBP 41.92 PER GBP 2,756.00 DENOMINATION



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