AQ54 Hsbc Bk.24

    Nationwide Building Society

RE: NATIONWIDE BUILDING SOCIETY
    GBP 4,000,000.00
    MATURING: 24/Jul/2007
    ISSUE DATE: 13/May/2002
    ISIN: XS0148013591

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 15/May/2006 TO
14/Aug/2006 HAS BEEN FIXED AT 4.760630 PCT.

DAY BASIS 91/365

INTEREST PAYABLE VALUE 14/Aug/2006 WILL AMOUNT TO GBP 118.69 PER GBP
10,000.00 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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