Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY
    GBP 5,040,000.00
    MATURING: 27/Oct/2010
    ISSUE DATE: 02/Nov/2004
    ISIN: XS0204881238

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
27/Jan/2006 TO 27/Apr/2006 HAS BEEN FIXED AT 4.705000 PCT.

DAY BASIS 90/365

INTEREST PAYABLE VALUE 27/Apr/2006 WILL AMOUNT TO
GBP 116.01 PER GBP 10,000.00 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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