REG-Auburn Securities 4 FRN Variable Rate Fix

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Tue Sep 2, 2008 8:39am EDT

LONDON--(Business Wire)--


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As Agent Bank, please be advised of the following rate determined on: 01-Sep-2008
Issue              ¦ Auburn Securities 4 plc - Class M
                     GBP 15,000,000.00 Mortgage Backed FRN Due 01-Oct-2041
ISIN Number        ¦ XS0202810734
Common Code / 144A ¦ 20281073
 ISIN
Issue Nomin GBP    ¦ 15,000,000.00
Period             ¦ 01-Sep-2008 to 01-Oct-2008            Payment Date 01-Oct-2008
Number of Days     ¦ 30
Rate               ¦ 5.61125
Denomination GBP   ¦ 50,000.00             ¦                      ¦

Amount Payable per ¦ 229.97                ¦                      ¦
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       ¦ 44 1202 689580
Corporate Trust Services                   Facsimile       ¦ 44 1202 689601
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Auburn Securities 4

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