Nationwide Building Society

RE: Nationwide Building Society
    USD 4,000,000.00  
    MATURING: 04/Apr/2008
    ISSUE DATE: 04/Apr/2005
    ISIN: XS0216600600

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
04/Jan/2006 TO 04/Apr/2006 HAS BEEN FIXED AT 4.556250 PCT.

DAY BASIS 90/360

INTEREST PAYABLE VALUE 04/Apr/2006 WILL AMOUNT TO
USD 1,139.06 PER USD 100,000.00 DENOMINATION.

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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