82NY Hsbc Bk. 24

    Woolwich PLC

RE: WOOLWICH BUILDING SOCIETY PLC
    GBP 1,500,000.00
    MATURING: 15/Sep/2005
    ISSUE DATE: 15/Sep/2000
    ISIN: XS0117758614

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15/Mar/2005 TO 15/Jun/2005 HAS BEEN FIXED AT 5.038750 PCT.

DAY BASIS 92/365

INTEREST PAYABLE VALUE 15/Jun/2005 WILL AMOUNT TO
GBP 1,270.04 PER GBP 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.

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