FRN Variable Rate Fix

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FRN Variable Rate Fix

     Re:                                                                                           Alliance & Leicester Plc
                                                                                               GBP 1340000
                                                                                               MATURING: 21-Sep-2011
                                                                                               ISIN: XS0248446410
                                                                                                                       
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 22-Dec-2008 TO 23-Mar-2009 HAS BEEN FIXED AT 2.985000 PCT
  
 DAY BASIS: ACTUAL/365(FIX)
  
 INTEREST PAYABLE VALUE 23-Mar-2009 WILL AMOUNT TO:
 GBP 7.44 PER GBP 1000 DENOMINATION

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