32XP Legal&gen. 50

    Britannia Building

Britannia Bldg Soc
EUR 300,000,000.00
MATURING: 18/May/2016
ISSUE DATE: 18/May/2006
ISIN: XS0254625998

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 18/May/2006 TO
18/Aug/2006 HAS BEEN FIXED AT 3.163000 PCT.

DAY BASIS 92/360

INTEREST PAYABLE VALUE 18/Aug/2006 WILL AMOUNT TO EUR 8.08 PER EUR 1,000.00
DENOMINATION. EUR 404.16 PER EUR 50,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON TEL: 44 (0)20 7508
3858/ 3855 OR FAX 44 (0)20 7508 3881.

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