Re:                                                                                           Northern Rock Plc
                                                                                               GBP 2050000
                                                                                               MATURING: 13-Sep-2012
                                                                                               ISIN: XS0268543773
                                                                                                                    
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 23-Dec-2008 TO 23-Mar-2009 HAS BEEN FIXED AT 2.892500 PCT
  
 DAY BASIS: ACTUAL/365(FIX)
  
 INTEREST PAYABLE VALUE 23-Mar-2009 WILL AMOUNT TO:
 GBP 7.13 PER GBP 1000 DENOMINATION
    
    


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