49EG Hsbc Bk. 24

    


Gracechurch Card Funding (No.10) PLC



                                 RATE FIX NOTICE
Issue Name:                      Gracechurch Card Funding (No.10) PLC
                                 GBP 15,000,000.00 Class B2 Floating Rate Asset-
                                  Backed Notes due 2012
ISIN Code:                       XS0232362656
Interest Rate:                   6.179380%
Base Rate:                       5.929380%
Interest Period:                 15-Apr-08 to 15-Jul-08
Day Count Method:                Actual/365L
Number of Days in Period:        91
Payment Date:                    15-Jul-08

Denomination:                    Coupon:
-------------------------------  ------------------------------------------------
                      50,000.00  GBP                                       768.20

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