REG-Permanent Master Issuer FRN Variable Rate Fix

LONDON--(Business Wire)--

Re: PERMANENT MASTER ISSUER PLC
USD 134900000
MATURING: 15-Jul-2042
ISIN: US71419GAF72

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Jul-2009 TO 15-Oct-2009 HAS BEEN FIXED AT 0.909380 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 15-Oct-2009 WILL AMOUNT TO:
USD 313503.7 PER USD 134900000 DENOMINATION

Permanent Master Issuer

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