37OQ Nat.grd.e.sw 53

        
    26 November 2008
    Issue: Western Power
    1.541%- index linked notes due 2053
    XS0276994059
    Pursuant to our appointment as Agent for the above stated issue, please be
    advised of the following interest rate determination:
    Date From: 01 June 2008
    Date To: 01 December 2008
    Value Date: 01 December 2008
    Benchmark Rate: 1.541%
    Margin: %
    Total Rate: 1.68193%
    Number of Days: 183
    Day Count: Actual / Actual (ICMA)
    Interest Frequency: Semi-Annually
    Denomination: GBP 50,000.00
    Amount per Denomination:
    GBP 420.48
    Total Amount Due:
    GBP 883,008.00
    Pool Factor: 1
    

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