December 02, 2009 12:05 PM Eastern Time

FRN Variable Rate Fix

Re:	Bradford & Bingley Plc
	GBP 2250000
	MATURING: 22-Nov-2012
	ISIN: XS0276915955

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
02-Dec-2009 TO 02-Mar-2010 HAS BEEN FIXED AT 0.600000 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 02-Mar-2010 WILL AMOUNT TO:
GBP 1.48 PER GBP 1000 DENOMINATION