BW20030305002118  20030305T164445Z UTC


( BW)(DERBYSHIRE-BS)(AR61) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--March 5, 2003--

RE: DERBYSHIRE BUILDING SOCIETY
    GBP 150,000,000
    DUE: JUNE 2007
    ISIN: XS0148012601

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
05MAR03 TO 05JUN03 HAS BEEN FIXED AT 3.78578 PCT PER ANNUM.

INTEREST PAYABLE VALUE 14MAY03 WILL AMOUNT TO:
GBP 9.54 PER GBP 1,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 207 508 3857/3855 OR FAX: 44 207 508 3881

RATE FIX DESK
CITIBANK N.A. LONDON

   Short Name: Derbyshire Build.Soc
   Category Code: RC
   Sequence Number: 00002548
   Time of Receipt (offset from UTC): 20030305T155914+0000

    --30--ac/uk*

    CONTACT: Derbyshire Building Society

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Derbyshire Build.Soc

Today's News On The Net - Business Wire's full file on the Internet
                          with Hyperlinks to your home page.
                          URL: http://www.businesswire.com