Chelsea Building Society



Fixing Date                          � 30/06/2008

Issue                                � Chelsea Building Society
                                        Series 68

ISIN                                 � XS0308051605

Pursuant to our appointment as Agent for the above stated issue,
please be advised of the following interest rate determination:

Date from                            � 30/06/2008
Date to                              � 30/09/2008
Total Rate                           � 6.00625%
Day count/Day Basis                  � Act / 365
Denomination                         � GBP n / a
Nominal Amount                       � GBP 3,400,000.00
Coupon Amount                        � GBP 51,472.74
Pool factor                          � 1



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