Northern Rock PLC


RE: Northern Rock PLC
    GBP 2,050,000.00
    MATURING: 13-Sep-2012
    ISSUE DATE: 19-Sep-2006
    ISIN: XS0268543773

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
27-Dec-2006 TO 23-Mar-2007 HAS BEEN FIXED AT 5.305000 PCT

DAY BASIS 86/365

INTEREST PAYABLE VALUE 23-Mar-2007 WILL AMOUNT TO:
GBP 12.50 PER GBP 1,000.00 DENOMINATION
GBP 624.97 PER GBP 50,000.00 DENOMINATION.

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



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