REG-First Flexible No.5 FRN Variable Rate Fix

* Reuters is not responsible for the content in this press release.

Thu Apr 10, 2008 11:23am EDT 

LONDON--(Business Wire)--

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As Agent Bank, please be advised of the following rate determined on: 01-Apr-2008

Issue               : First Flexible No.5 Plc - Class B
                      GBP 12,500,000.00 FRN Due 01 Jun 2034
ISIN Number         : XS0149246711
Common Code/        : 14924671
144A ISIN
Issue Nomin     GBP : 12,500,000.00
Period              : 01-Apr-2008 to 01-May-2008          Payment Date 01-May-2008
Number of Days      : 30
Rate                : 7.47875
Denomination GBP    : 10,000.00

Amount Payable
per Denomination    : 61.30

Bank of New York
Rate Fix Desk                           Telephone 44 1202 689580
Institutional Trust Services           Facsimille 44 1202 689601
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First Flexible No.5

Copyright Business Wire 2008
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