33RZ Hsbc Bk. 24

    

Chelsea Building Society



20 October 2008

Issue: Chelsea Building Society

SERIES 56

XS0283244720

Pursuant to our appointment as Agent for the above stated issue, please be

advised of the following interest rate determination:

Date From: 20 October 2008

Date To: 19 January 2009

Value Date: 19 January 2009

Benchmark Rate: 6.11625%

Margin: 0.11%

Total Rate: 6.22625%

Number of Days: 91

Day Count: Actual / 365

Interest Frequency: Quarterly

Denomination: GBP 50,000.00

Amount per Denomination:

GBP 776.15

Total Amount Due:

GBP 232,844.69

Pool Factor: 1

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