48FW Sandwell 1 E

    


Sandwell Commercial Finance No. 1 Plc



Re:  SANDWELL COMMERCIAL FINANCE NO.1 PLC
     GBP 5000000
     MATURING: 11-May-2039
     ISIN: XS0191373926

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
11-Aug-2008 TO 11-Nov-2008 HAS BEEN FIXED AT 10.778750 PCT

DAY BASIS: ACTUAL/365(GBP)

INTEREST PAYABLE VALUE 11-Nov-2008 WILL AMOUNT TO:
GBP 13547.06 PER GBP 500000 DENOMINATION

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