REG-Gracechurch Mort Fin FRN Variable Rate Fix

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Mon May 18, 2009 11:21am EDT

LONDON--(Business Wire)--

 As Agent Bank, please be advised of the following rate determined on: 18-May-2009                                                                 
 Issue                            | GRACECHURCH MORTGAGE FINANCING PLC                                                                            
                                  Series 2007-1                                                                                                   
                                  
USD 1,813,500,000 Class 2A1 Residential Mortgage Backed Note Programme due Nov 2056                            
                                                                                                                                                  
 ISIN Number                      | XS0302998413                                                                                                  
 ISIN Reference                   |                                                                                                               
 Issue Nomin USD                  | 1,813,500,000.00                                                                                              
 Period                           | 20-May-2009 to 20-Aug-2009                                         Payment Date 20-Aug-2009                 
 Number of Days                   | 92                                                                                                            
 Rate                             | 0.825                                   Pool Factor: 0.665078271                                             
 Denomination USD                 | 100,000.00               |                                                                   |            
                                                                                                                                                 
 Amount Payable per Denomination  | 140.22                   |                                                                   |            
                                                                                                                                                 
 Bank of New York                                                                                                                                
 Rate Fix Desk                                                Telephone                               | 44 1202 689580                         
 Corporate Trust Services                                      Facsimile                               | 44 1202 689601                         


Gracechurch Mort Fin 

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