Permanent Master Issuer PLC


RE: PERMANENT MASTER ISSUER PLC
    GBP 41,300,000.00
    MATURING: 15/Jul/2042
    ISSUE DATE: 01/Mar/2007
    ISIN: XS0288104408

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
16/Apr/2007 TO 16/Jul/2007 HAS BEEN FIXED AT 6.000000 PCT.

DAY BASIS 91/365

INTEREST PAYABLE VALUE 16/Jul/2007 WILL AMOUNT TO
GBP 617,802.74 PER GBP 41,300,000.00 NOMINAL.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855
FAX: 44 (0)20 7508 3866
Email: rate.fixing@citigroup.com
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