36HJ Barclays 41

    Lothian Mortgages Master Issuer

RE: Lothian Mortgages Master Issuer Plc
    USD 7,000,000.00
    MATURING: 24/Jan/2028
    ISSUE DATE: 11/May/2006
    ISIN: US54566TAA79

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
24/Jul/2006 TO 24/Aug/2006 HAS BEEN FIXED AT 5.370000 PCT.

DAY BASIS 31/360

INTEREST PAYABLE VALUE 24/Aug/2006 WILL AMOUNT TO
USD 462.42 PER USD 100,000.00 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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