89NK Emirate Ab 47s

        
 Re:                                                                                                   PERMANENT
FINANCING NO.5 PLC
                                                                                                       EUR 43500000
                                                                                                       MATURING:
10-Jun-2042
                                                                                                       ISIN:
XS0197061764
                                                                                                                                   
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 10-Dec-2008 TO 10-Mar-2009 HAS BEEN FIXED AT 3.818000 PCT
  
 DAY BASIS: ACTUAL/360
  
 INTEREST PAYABLE VALUE 10-Mar-2009 WILL AMOUNT TO:
 EUR 415207.5 PER EUR 43500000 DENOMINATION
    
    

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