Britannia Bldg Soc


RE: Britannia Bldg Soc
    GBP 50,000,000.00
    MATURING: 13/Jul/2011
    ISSUE DATE: 13/Jul/2006
    ISIN: XS0261152721

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
13/Oct/2006 TO 15/Jan/2007 HAS BEEN FIXED AT 5.227500 PCT.

DAY BASIS 94/365

INTEREST PAYABLE VALUE 15/Jan/2007 WILL AMOUNT TO
GBP 1,346.26 PER GBP 100,000.00 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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