REG-Arran Funding FRN Variable Rate Fix

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Tue May 19, 2009 10:05am EDT

LONDON--(Business Wire)--

 As Agent Bank, please be advised of the following rate determined on: 15/05/09                                                                   
 Issue                            | Arran Funding Series 2008-A Class A - GBP 1,275,000,000 Medium FRN Due 15 Dec 2013                           
                                                                                                                                                 
 ISIN Number                      | XS0405833517                                                                                                 
 ISIN Reference                   | 40583351                                                                                                     
 Issue Nomin GBP                  | 1,275,000,000                                                                                                
 Period                           | 15/05/09 to 15/06/09                                              Payment Date 15/06/09                    
 Number of Days                   | 31                                                                                                           
 Rate                             | 0.78875                                                                                                     
 Denomination GBP                 | 50,000                  | 1,275,000,000                                                     |            
                                                                                                                                                
 Amount Payable per Denomination  | 33.49                   | 854,119.01                                                        |            
                                                                                                                                                
 Bank of New York                                                                                                                               
 Rate Fix Desk                                               Telephone                               | 44 1202 689580                         
 Corporate Trust Services                                     Facsimile                               | 44 1202 689601                         


Arran Funding 

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