48FW Sandwell 1 E

    


Sandwell Commercial Finance No. 1 Plc


Re:  SANDWELL COMMERCIAL FINANCE NO.1 PLC
     GBP 5,000,000.00
     MATURING: 11-May-2039
     ISIN: XS0191373926

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
12-Nov-2007 TO 11-Feb-2008 HAS BEEN FIXED AT 11.283130 PCT

DAY BASIS: ACTUAL/365(GBP)

INTEREST PAYABLE VALUE 11-Feb-2008 WILL AMOUNT TO:
GBP 14,026.84 PER GBP 500,000.00 DENOMINATION

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