£50,000,000 11.625 Per Cent. Perpetual Subordinated Bonds
(ISIN: GB0002233913)
(the "11.625 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 11.625 per cent. Perpetual Subordinated Bonds on their next interest payment date (20 January 2010).
The interest not paid will constitute “Arrears of Interest” for the purposes of the terms and conditions of the 11.625 per cent. Perpetual Subordinated Bonds.
The Company will notify noteholders accordingly.
ENDS
Contacts:
Bradford & Bingley Press Office:
+44(0)1274 554 042
or
Bradford & Bingley Investor Relations:
+44(0)1274 806341
Bradford & Bingley plc
Croft Road
Crossflatts
Bingley
BD16 2UA
or
b&benquiries@bbg.co.uk
www.bbg.co.uk