CRONOS RMBS FUNDING PLC

As Agent Bank, please be advised of the following rate determined on:17-Jul-2006

Issue               : Cronos RMBS Funding PLC - Class A2
                      GBP 430,000,000 Mortgage Backed FRN due 15 Sep 2039
ISIN Number         : XS0214051830
Common Code/
144A ISIN           : 21405183
Issue Nomin     GBP : 430,000,000.00
Period              : 17-Jul-2006 to 16-Oct-2006       Payment Date 16-Oct-2006
Number of Days      : 91
Rate                : 4.76031
Denomination    GB  : 50,000.00
Amount Payable 
per Denomination    : 593.41
Institutional       Telephone   44(0) 1202 32 8226
Trust Services      Facsimile   44(0) 1202 34 7939

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