Perm Fin (NO.3) Plc


Re:  PERMANENT FINANCING (NO.3) PLC
     USD 52,000,000.00
     MATURING: 10-Jun-2042
     ISIN: US71419MAJ62

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
10-Jun-2008 TO 10-Sep-2008 HAS BEEN FIXED AT 3.845630 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 10-Sep-2008 WILL AMOUNT TO:
USD 511,041.50 PER USD 52,000,000.00 DENOMINATION
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