Re:                                                                                               ALLIANCE AND LEICESTER PLC
                                                                                                   GBP 17,127,000.00
                                                                                                   MATURING: 23-Jan-2009
                                                                                                   ISIN: XS0172963372
                                                                                                                             
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 23-Oct-2008 TO 23-Jan-2009 HAS BEEN FIXED AT 6.085000 PCT
  
 DAY BASIS: ACTUAL/365(FIX)
  
 INTEREST PAYABLE VALUE 23-Jan-2009 WILL AMOUNT TO:
 GBP 15.34 PER GBP 1,000.00 DENOMINATION
    


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