TIDM48FW 
 
 
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-2009 TO 11-Nov-2009 HAS BEEN FIXED AT 6.828130 PCT 
DAY BASIS: ACTUAL/365(GBP) 
INTEREST PAYABLE VALUE 11-Nov-2009 WILL AMOUNT TO: 
GBP 8526.56 PER GBP 495424.31 DENOMINATION
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