Permanent Master Issuer Plc


Re:  PERMANENT MASTER ISSUER PLC
     USD 1,750,000,000.00
     MATURING: 15-Oct-2015
     ISIN: US71419GAB68

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Jan-2008 TO 15-Apr-2008 HAS BEEN FIXED AT 4.297500 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 15-Apr-2008 WILL AMOUNT TO:
USD 19,010,468.75 PER USD 1,750,000,000.00 DENOMINATION
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