Britannia Building Society



Re:  Britannia Bldg Soc
     GBP 2900000
     MATURING: 11-Jan-2012
     ISIN: XS0241158525

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
13-Oct-2008 TO 12-Jan-2009 HAS BEEN FIXED AT 6.348750 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 12-Jan-2009 WILL AMOUNT TO:
GBP 791.42 PER GBP 50000 DENOMINATION



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