BW20030605000043  20030605T172625Z UTC


( BW)(DERBYSHIRE-BS)(AR61) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--June 5, 2003--

RE: DERBYSHIRE BUILDING SOCIETY
    GBP 150,000,000.00
    MATURING: 05-Jun-2007
    ISSUE DATE: 05-Jun-2002
    ISIN: XS0148012601

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
05-Jun-2003 TO 05-Sep-2003 HAS BEEN FIXED AT 3.751880 PCT.

INTEREST PAYABLE VALUE 05-Sep-2003 WILL AMOUNT TO:
GBP 9.46 PER GBP 1,000.00 DENOMINATION.
GBP 94.57 PER GBP 10,000.00 DENOMINATION.
GBP 945.68 PER GBP 100,000.00 DENOMINATION.
------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857/3855 OR FAX: 44 20 7508 3881

   Short Name: Derbyshire Build. Soc
   Category Code: RC
   Sequence Number: 00005522
   Time of Receipt (offset from UTC): 20030605T182326+0100

    --30--ra/uk*

    CONTACT: Derbyshire Building Society

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Derbyshire Build.Soc

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