FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

As Agent Bank, please be advised of the following rate determined on: 01/12/09
Issue	¦ Auburn Securities 3 Plc - Class M - GBP26,200,000 Mortgage Backed FRN due 1 Nov 2039
ISIN Number	¦ XS0157588723
ISIN Reference	¦ 15758872
Issue Nomin GBP	¦ 26,200,000
Period	¦ 01/12/09 to 04/01/10		Payment Date 04/01/10
Number of Days	¦ 34
Rate	¦ 2.75438
Denomination GBP	¦ 10,000	¦		¦
Amount Payable per Denomination	¦ 25.66	¦		¦
Bank of New York
Rate Fix Desk		Telephone	¦ 44 1202 689580
Corporate Trust Services		Facsimile	¦ 44 1202 689601