Notice of Redemption

 

TIDM69NT 
 
RNS Number : 3850X 
Gracechurch Mortgage Funding 
03 December 2010 
 
                                RNS ANNOUNCEMENT 
 
                  GRACECHURCH MORTGAGE FUNDING PLC (the Issuer) 
 
                              NOTICE OF REDEMPTION 
 
GBP500,000,000 Class A2a Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236974753 
                          Reg S Common Code: 023697475 
                         144A ISIN Number: US38406CAG87 
                          144A Common Code: 023796783 
                            CUSIP Number: 38406CAG8 
                              (the Class A2a Notes) 
 
       GBP600,000,000 Class A2d Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0237975346 
                          Reg S Common Code: 023797534 
                         144A ISIN Number: US38406CAR43 
                          144A Common Code: 023810328 
                            CUSIP Number: 38406CAR4 
                              (the Class A2d Notes) 
 
        GBP32,000,000 Class Ba Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236974910 
                          Reg S Common Code: 023697491 
                         144A ISIN Number: US38406CAH60 
                          144A Common Code: 023796813 
                            CUSIP Number: 38406CAH6 
                              (the Class Ba Notes) 
 
        GBP17,000,000 Class Ca Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236975057 
                          Reg S Common Code: 023697505 
                         144A ISIN Number: US38406CAJ27 
                          144A Common Code: 023796848 
                            CUSIP Number: 38406CAJ2 
                              (the Class Ca Notes) 
 
        GBP24,000,000 Class Da Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236975214 
                          Reg S Common Code: 023697521 
                         144A ISIN Number: US38406CAK99 
                          144A Common Code: 023796929 
                            CUSIP Number: 38406CAK9 
                              (the Class Da Notes) 
 
       $2,440,000,000 Class A2b Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236976378 
                          Reg S Common Code: 023697637 
                         144A ISIN Number: US38406CAB90 
                          144A Common Code: 023797011 
                            CUSIP Number: 38406CAB9 
                              (the Class A2b Notes) 
 
          $4,000,000 Class Bb Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236976451 
                          Reg S Common Code: 023697645 
                         144A ISIN Number: US38406CAC73 
                          144A Common Code: 023797356 
                            CUSIP Number: 38406CAC7 
                              (the Class Bb Notes) 
 
         $16,000,000 Class Cb Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236976618 
                          Reg S Common Code: 023697661 
                         144A ISIN Number: US38406CAD56 
                          144A Common Code: 023797399 
                            CUSIP Number: 38406CAD5 
                              (the Class Cb Notes) 
 
         $34,000,000 Class Db Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236976881 
                          Reg S Common Code: 023697688 
                         144A ISIN Number: US38406CAE30 
                          144A Common Code: 023797445 
                            CUSIP Number: 38406CAE3 
                              (the Class Db Notes) 
 
        EUR780,000,000 Class A2c Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236977343 
                          Reg S Common Code: 023697734 
                         144A ISIN Number: US38406CAM55 
                          144A Common Code: 023797496 
                            CUSIP Number: 38406CAM5 
                              (the Class A2c Notes) 
 
         EUR32,500,000 Class Bc Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236977699 
                          Reg S Common Code: 023697769 
                         144A ISIN Number: US38406CAN39 
                          144A Common Code: 023797500 
                            CUSIP Number: 38406CAN3 
                              (the Class Bc Notes) 
 
         EUR15,000,000 Class Cc Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236977939 
                          Reg S Common Code: 023697793 
                         144A ISIN Number: US38406CAP86 
                          144A Common Code: 023797518 
                            CUSIP Number: 38406CAP8 
                              (the Class Cc Notes) 
 
         EUR16,500,000 Class Dc Asset Backed Floating Rate Notes due 2041 
                        Reg S ISIN Number: XS0236978150 
                          Reg S Common Code: 023697815 
                         144A ISIN Number: US38406CAQ69 
                          144A Common Code: 023797526 
                            CUSIP Number: 38406CAQ6 
                              (the Class Dc Notes) 
 
  (the Class A2a Notes, the Class A2d Notes, the Class Ba Notes, the Class Ca 
Notes, the Class Da Notes, the Class A2b Notes, the Class Bb Notes, the Class Cb 
Notes, the Class Db Notes, the Class A2c Notes, the Class Bc Notes, the Class Cc 
   Notes, the Class Dc Notes, each a "Note" and together the "Notes", and the 
                       holders thereof the "Noteholders") 
 
 
 
                              issued by the Issuer 
  constituted by a Trust Deed dated 21 December 2005 between the Issuer 
 and 
    The Bank of New York Mellon (the Note Trustee and the Security Trustee) 
                                                                 3 December 2010 
The Issuer has today given notice to the Noteholders, in accordance with the 
Conditions, that it will redeem the Notes in full on the Interest Payment Date 
occurring on 11 January 2011 (the Step-Up Date) at a price equal to the 
Principal Amount Outstanding of the relevant Note to be redeemed together with 
accrued (and unpaid) interest on the Principal Amount Outstanding of the 
relevant Note up to but excluding the date of redemption. 
All defined terms used in this notice shall have the meaning given to them in 
the Master Issuer Definitions and Construction Schedule dated 21 December 2005. 
For further information please contact: 
 
+-----------------------------------+ 
| Gracechurch Mortgage              | 
| Funding PLC                       | 
+-----------------------------------+ 
| 1 Churchill Place                 | 
+-----------------------------------+ 
| London                            | 
+-----------------------------------+ 
| E14 5HP                           | 
+-----------------------------------+ 
| Attention: Stuart Aiken           | 
+-----------------------------------+ 
| Telephone: [phone]          | 
| 5584                              | 
+-----------------------------------+ 
| Facsimile: [phone]          | 
| 5539                              | 
+-----------------------------------+ 
| Email:                            | 
| [e-mail] | 
+-----------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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