49EG Hsbc Bk. 24

    

Gracechurch Card Funding (No.10) PLC


                                 RATE FIX NOTICE
Issue Name:                      Gracechurch Card Funding (No.10) PLC
                                 GBP 15,000,000 Class B2 Floating Rate
                                 Asset-Backed Notes due 2012
ISIN Code:                       XS0232362656
Interest Rate:                   6.069380%
Base Rate:                       5.819380%
Interest Period:                 15-Jul-08 to 15-Oct-08
Day Count Method:                Actual/365L
Number of Days in Period:        92
Payment Date:                    15-Oct-08

Denomination:                    Coupon:
-------------------------------  -------------------------
                      50,000.00  GBP                762.82

Hsbc Bk. 24 (LSE:49EG)
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Hsbc Bk. 24 (LSE:49EG)
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