Permanent Financing (No.7)


RE: PERMANENT FINANCING (NO7) PLC
    USD 1,400,000,000.00
    MATURING: 10/Sep/2014
    ISSUE DATE: 23/Mar/2005
    ISIN: US71419VAD91

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
11/Dec/2006 TO 12/Mar/2007 HAS BEEN FIXED AT 5.393130 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 12/Mar/2007 WILL AMOUNT TO:
USD 19,085,687.83 PER USD 1,400,000,000.00 NOMINAL.

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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