Preferred Residential Securities 8 plc


As Agent Bank, please be advised of the following rate determined on: 13-Dec-2006

Issue               : Preferred Residential Securities 8 plc - C1c
                      EUR 5,000,000.00 Mortgage Backed FRN Due 15-Dec-2042
ISIN Number         : XS0198319229
Common Code/        : US740380AN04
144A ISIN
Issue Nomin     EUR : 5,000,000.00
Period              : 15-Dec-2006 to 15-Mar-2007          Payment Date 15-Mar-2007
Number of Days      : 90
Rate                : 4.354
Denomination EUR    : 50,000.00

Amount Payable
per Denomination    : 544.25

JPMorgan Chase Bank
Rate Fix Desk                           Telephone 44 (0) 1202 32 8226
Institutional Trust Services  Facsimille          44 (0) 1202 34 7939



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