87LV Net.r.i. 1.375%

        
    30 October 2008
    Issue: Network Rail Infrastructure Fin.
    32
    XS0299655448
    Pursuant to our appointment as Agent for the above stated issue, please be
    advised of the following interest rate determination:
    Date From: 22 May 2008
    Date To: 22 November 2008
    Value Date: 24 November 2008
    Benchmark Rate: 1.375%
    Margin: %
    Total Rate: 1.4745%
    Number of Days: 184
    Day Count: Actual / Actual (ICMA)
    Interest Frequency: Semi-Annually
    Denomination: GBP 50,000.00
    Amount per Denomination:
    GBP 368.63
    Total Amount Due:
    GBP 12,164,790.00
    Pool Factor: 1
    

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