Avebury Properties Ld

As Agent Bank, please be advised of the following rate determined on:17-Nov-2005

Issue               : Avebury Properties Limited - Class A1
                      GBP43,000,000 Secured FRN due February 2011
ISIN Number         : XS0108393272
Common Code /       : 108393272
144A ISIN
Issue Nomin     GBP : 43,000,000.00
Period              : 21-Nov-2005 to 20-Feb-2006     Payment Date 20-Feb-2006
Number of Days      : 91
Rate                : 5.76875
Denomination    GB  : 19,117.44

Amount Payable 
per Denomination    : 274.95

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 1267

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