Re:                                                                                           Britannia Bldg Soc
                                                                                               GBP 7,205,000.00
                                                                                               MATURING: 11-May-2011
                                                                                               ISIN: XS0219964672
                                                                                                                    
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 11-Nov-2008 TO 11-Feb-2009 HAS BEEN FIXED AT 4.47 PCT
  
 DAY BASIS: ACTUAL/365(FIX)
  
 INTEREST PAYABLE VALUE 11-Feb-2009 WILL AMOUNT TO:
 GBP 11.25 PER GBP 1,000.00 DENOMINATION
    
    


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