REG-SCOTTISH & NEWCASTLE PLC FRN Variable Rate Fix

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

Wed Aug 27, 2008 12:24pm EDT

LONDON--(Business Wire)--


-0-
*T
Re:   Scottish & Newcastle Plc
      EUR 50000000
      MATURING: 31-May-2010
      ISIN: XS0302990352

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
29-Aug-2008 TO 28-Nov-2008 HAS BEEN FIXED AT 5.249000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 28-Nov-2008 WILL AMOUNT TO:
EUR 663.42 PER EUR 50000 DENOMINATION
*T

SCOTTISH & NEWCASTLE PLC

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