Permanent Master Iss

Early Redemption(s)

Early Redemption(s)

Citibank

Please be advised that the following issues have redeemed early:

ISIN: XS0359635702

Issuer: Permanent Master Issuer PLC

Call Date: 15th January 2010

Cash Amount: GBP 392,900,000

Call Price: 100%

ISIN: XS0359636189

Issuer: Permanent Master Issuer PLC

Call Date: 15th January 2010

Cash Amount: GBP 785,700,000

Call Price: 100%