BS10 Blend 38

    Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY 
    CAD 40,000,000.00
    MATURING: 05/Sep/2006
    ISSUE DATE: 04/Sep/2003
    ISIN: XS0175403194 

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
06/Mar/2006 TO 05/Jun/2006 HAS BEEN FIXED AT 4.062500 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 05/Jun/2006 WILL AMOUNT TO
CAD 10,269.10 PER CAD 1,000,000.00 DENOMINATION. 
--------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881.

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