Northern Rock PLC


RE: NORTHERN ROCK PLC
    EUR 20,000,000.00
    MATURING: 20/Oct/2014
    ISSUE DATE: 20/Oct/2004
    ISIN: XS0203310973

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Jul/2007 TO 22/Oct/2007 HAS BEEN FIXED AT 4.321000 PCT.

DAY BASIS 94/360

INTEREST PAYABLE VALUE 22/Oct/2007 WILL AMOUNT TO
EUR 1,128.26 PER EUR 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855
FAX: 44 (0)20 7508 3866
Email: rate.fixing@citigroup.com



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