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
23/Mar/2007 TO 25/Jun/2007 HAS BEEN FIXED AT 5.559380 PCT

DAY BASIS 94/365

INTEREST PAYABLE VALUE 25/Jun/2007 WILL AMOUNT TO:
GBP 14.32 PER GBP 1,000.00 DENOMINATION.
GBP 715.87 PER GBP 50,000.00 DENOMINATION.

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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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