24 November 2008
    Issue: Chelsea Building Society
    57
    XS0288216541
    Pursuant to our appointment as Agent for the above stated issue, please be
    advised of the following interest rate determination:
    Date From: 24 November 2008
    Date To: 24 February 2009
    Value Date: 24 February 2009
    Benchmark Rate: 3.9875%
    Margin: 0.07%
    Total Rate: 4.0575%
    Number of Days: 92
    Day Count: Actual / 365
    Interest Frequency: Quarterly
    Denomination: GBP 1,000.00
    Amount per Denomination:
    GBP 10.23
    Total Amount Due:
    GBP 23,522.38
    Pool Factor: 1
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