TIDM50AQ 
 
 
As Agent Bank, please be advised of the following rate determined  on: 20-Feb-2009 
Issue                            ¦ GRACECHURCH MORTGAGE FINANCING PLC - Series 2006-1 
                                 GBP 56,000,000 Class C4 Mortgage Backed Floating Rate Notes due  2056 
ISIN Number                      ¦ XS0273843317 
ISIN Reference                   ¦ 
Issue Nomin GBP                  ¦ 56,000,000.00 
Period                           ¦ 20-Feb-2009 to 20-May-2009    Payment Date 20-May-2009 
Number of Days                   ¦ 89 
Rate                             ¦ 2.34375                      Pool Factor: 1 
Denomination GBP                 ¦ 50,000.00  ¦                     ¦ 
Amount Payable per Denomination  ¦ 285.74     ¦                     ¦ 
Bank of New York 
Rate Fix Desk                                Telephone            ¦ 44 1202 689580 
Corporate Trust Services                      Facsimile           ¦ 44 1202 689601
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