£250,000,000 5.625 per cent. Fixed Rate Step-Up Undated Subordinated Notes
(ISIN: XS0167366433)
(the "5.625 per cent. Undated Subordinated Notes") Issued By Bradford & Bingley Plc
(The "Company")
The Company has resolved not to make any interest payment in respect of the 5.625 per cent. Undated Subordinated Notes on their next interest payment date (20 December 2009).
The interest not paid will constitute "Arrears of Interest" for the purposes of the terms and conditions of the 5.625 per cent. Undated Subordinated Notes.
The Company will notify noteholders 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