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Permanent Financing (No.4)


RE: PERMANENT FINANCING (NO.4) PLC
    USD 55,400,000.00
    MATURING: 10/Jun/2042
    ISSUE DATE: 12/Mar/2004
    ISIN: US71419QAK40

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
11/Jun/2007 TO 10/Sep/2007 HAS BEEN FIXED AT 6.160000 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 10/Sep/2007 WILL AMOUNT TO
USD 862,639.56 PER USD 55,400,000.00 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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