FRN Variable Rate Fix

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FRN Variable Rate Fix

        
 Re:                                                                                             Northern Rock Plc
                                                                                                 GBP 2500000
                                                                                                 MATURING: 09-Nov-2011
                                                                                                 ISIN: XS0235550000
                                                                                                                      
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 10-Nov-2008 TO 09-Feb-2009 HAS BEEN FIXED AT 4.481250 PCT
  
 DAY BASIS: ACTUAL/365(FIX)
  
 INTEREST PAYABLE VALUE 09-Feb-2009 WILL AMOUNT TO:
 GBP 558.62 PER GBP 50000 DENOMINATION

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