Permanent Master Issuer Plc



Re:  PERMANENT MASTER ISSUER PLC
     USD 1,750,000,000.00
     MATURING: 15-Oct-2015
     ISIN: US71419GAB68

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Oct-2007 TO 15-Jan-2008 HAS BEEN FIXED AT 5.28 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 15-Jan-2008 WILL AMOUNT TO:
USD 23,624,513.89 PER USD 1,750,000,000.00 DENOMINATION



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