Equity Release Funding No5 Plc


Re:  Equity Release Funding No5 Plc
     GBP 23,000,000.00
     MATURING: 14-Jul-2050
     ISIN: XS0225884278

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
14-Apr-2008 TO 14-Jul-2008 HAS BEEN FIXED AT 6.830000 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 14-Jul-2008 WILL AMOUNT TO:
GBP 391,649.04 PER GBP 23,000,000.00 DENOMINATION



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