As Agent Bank, please be advised of the following rate determined            on: 09-Jan-2009
 Issue                           � GRACECHURCH MORTGAGE FUNDING PLCEUR 780,000,000 Class A2c Asset Backed Floating Rate
Notes due 2041
                                                                                                                                      
 ISIN Number                     � XS0236977343
 ISIN Reference                  �
 Issue Nomin EUR                 � 780,000,000.00
 Period                          � 12-Jan-2009 to 14-Apr-2009                                         Payment Date
14-Apr-2009
 Number of Days                  � 92
 Rate                            � 2.80900                                    Pool Factor: 0.272798908385
 Denomination EUR                � 50,000.00                      �                                                           
�
                                                                                                                                      
 Amount Payable per              � 97.92                          �                                                           
�
 Denomination
                                                                                                                                      
 Bank of New York
 Rate Fix Desk                                                    Telephone                           � 44 1202 689580
 Corporate Trust Services                                         Facsimile                           � 44 1202 689601
    
    


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