Permanent Master Issuer PLC


RE: PERMANENT MASTER ISSUER PLC
    GBP 41,300,000.00
    MATURING: 15-Jul-2042
    ISSUE DATE: 01-Mar-2007
    ISIN: XS0288100836

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
16-Apr-2007 TO 16-Jul-2007 HAS BEEN FIXED AT 5.730000 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 16-Jul-2007 WILL AMOUNT TO:
GBP 590,001.62 PER GBP 41,300,000.00 NOMINAL.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com
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