Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY
    CAD 200,000,000.00
    MATURING: 18/Nov/2009
    ISSUE DATE: 18/Nov/2004
    ISIN: XS0205387912

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21/Feb/2006 TO 18/May/2006 HAS BEEN FIXED AT 4.052860 PCT.

DAY BASIS 86/365

INTEREST PAYABLE VALUE 18/May/2006 WILL AMOUNT TO:
CAD 95.49 PER CAD 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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