£55,000,000 13 per cent. perpetual Subordinated Bonds
(ISIN:gb0002228939) (the “13 per cent. Perpetual Subordinated Bonds”) issued by Bradford & Bingley plc (the “Company”)
The Company has resolved not to make any interest payment in respect of the 13 per cent. Perpetual Subordinated Bonds on their next interest payment date (7 October 2009).
The interest not paid will constitute “Arrears of Interest” for the purposes of the terms and conditions of the 13 per cent. Perpetual Subordinated Bonds.
The Company will notify bondholders accordingly.
ENDS
Contacts:
Bradford & Bingley Press Office:
+44(0)1274 554 042
Or
b&benquiries@bbg.co.uk
Or
Group Communications
Bradford & Bingley plc
Croft Road
Crossflatts
Bingley
West Yorkshire
BD16 2UA
www.bbg.co.uk