Avebury Properties Ltd


As Agent Bank, please be advised of the following rate determined on:
16-Nov-2006

Issue               : Avebury Properties Limited - Class A1
                      GBP 43,000,000.00 Secured FRN Due February 2011
ISIN Number         : XS0108393272
Common Code/        : 108393272
144A ISIN
Issue Nomin     GBP : 43,000,000.00
Period              : 20-Nov-2006 to 20-Feb-2007       Payment Date 20-Feb-2007
Number of Days      : 92
Rate                : 6.37625                        Pool Factor:    0.31892487
Denomination GBP    : 15,946.24

Amount Payable
per Denomination    : 256.28

JPMorgan Chase Bank
Rate Fix Desk                           Telephone 44 (0) 1202 32 6660
Institutional Trust Services  Facsimille          44 (0) 1202 34 7939



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