Permanent Financing (No 5) Plc



Re:  PERMANENT FINANCING NO.5 PLC
     GBP 750000000
     MATURING: 10-Jun-2042
     ISIN: XS0197069072

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
10-Sep-2008 TO 10-Dec-2008 HAS BEEN FIXED AT 5.906880 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 10-Dec-2008 WILL AMOUNT TO:
GBP 11045056.44 PER GBP 750000000 DENOMINATION
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