AR61 Citi Fun 25

Derbyshire Building Society

RE: DERBYSHIRE BUILDING SOCIETY
    GBP 150,000,000.00
    MATURING: 05-Jun-2007
    ISSUE DATE: 05-Jun-2002
    ISIN: XS0148012601

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
05-Mar-2004 TO 07-Jun-2004 HAS BEEN FIXED AT 4.396880 PCT

INTEREST PAYABLE VALUE 07-Jun-2004 WILL AMOUNT TO:
GBP 11.29 PER GBP 1,000.00 DENOMINATION
GBP 112.93 PER GBP 10,000.00 DENOMINATION
GBP 1,129.25 PER GBP 100,000.00 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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