Britannia Building Society


Re:  Britannia Bldg Soc
     GBP 2,550,000.00
     MATURING: 09-Nov-2011
     ISIN: XS0235550349

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
11-Feb-2008 TO 09-May-2008 HAS BEEN FIXED AT 5.718750 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 09-May-2008 WILL AMOUNT TO:
GBP 689.38 PER GBP 50,000.00 DENOMINATION
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