Permanent Financing (No.4)
                  
-0-
*T
Re:     PERMANENT FINANCING (NO.4) PLC
        EUR 85,000,000.00
        MATURING: 10-Jun-2042
        ISIN: XS0187596167

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
10-Jun-2008 TO 10-Sep-2008 HAS BEEN FIXED AT 5.247000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 10-Sep-2008 WILL AMOUNT TO:
EUR 1,139,765.00 PER EUR 85,000,000.00 DENOMINATION
*T