Gracechurch Card Funding (No.10) PLC



As Agent Bank, please be advised of the following rate determined on: 11-Apr-2008
Issue              � Gracechurch Card Funding (No. 10) PLC
                     EUR 68,000,000.00 Class C1 Asset Backed FRN Due 2012
ISIN Number        � XS0232363209
Common Code / 144A �
 ISIN
Issue Nomin EUR    � 68,000,000.00
Period             � 15-Apr-2008 to 15-Jul-2008            Payment Date 15-Jul-2008
Number of Days     � 91
Rate               � 5.197
Denomination EUR   � 50,000.00             �                      �

Amount Payable per � 656.84                �                      �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601



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