30 October 2008
    Issue: Network Rail Infrastructure Fin.
    Series 34
    XS0307538016
    Pursuant to our appointment as Agent for the above stated issue, please be
    advised of the following interest rate determination:
    Date From: 22 May 2008
    Date To: 22 November 2008
    Value Date: 24 November 2008
    Benchmark Rate: 1.75%
    Margin: %
    Total Rate: 1.8606%
    Number of Days: 184
    Day Count: Actual / Actual (ICMA)
    Interest Frequency: Semi-Annually
    Denomination: GBP 50,000.00
    Amount per Denomination:
    GBP 465.15
    Total Amount Due:
    GBP 13,954,500.00
    Pool Factor: 1


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