Subordinated Notes

27 October 2009

£200,000,000 5.75 per cent. Fixed Rate Step-Up Subordinated Notes Due 12 December 2022 (ISIN: XS0159302255)
(the "2022 Subordinated Notes") Issued By Bradford & Bingley Plc (The "Company")

Reference is made to The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008, as amended by The Bradford & Bingley plc Transfer of Securities and Property etc. (Amendment) Order 2009.

The Company has resolved not to make any interest payment in respect of the 2022 Subordinated Notes on their next interest payment date (12 December 2009).

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

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