FRN Variable Rate Fix

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    Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY
    GBP 4,000,000.00
    MATURING: 24-Jul-2007
    ISSUE DATE: 13-May-2002
    ISIN: XS0148013591

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
14-Aug-2006 TO 14-Nov-2006 HAS BEEN FIXED AT 5.016880 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 14-Nov-2006 WILL AMOUNT TO:
GBP 125.08 PER GBP 10,000.00 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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