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
09-May-2008 TO 11-Aug-2008 HAS BEEN FIXED AT 5.866880 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 11-Aug-2008 WILL AMOUNT TO:
GBP 755.46 PER GBP 50,000.00 DENOMINATION



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