Arkle 2008-1 plc

This will be the fourth issuance under the Arkle RMBS Programme which was established in October
2006, and could be viewed as a replacement for the Series 2007-1 issue which was called on 19
May 08 after less than a year in existence.

The portfolio as at the cut-off (31 March 2008) date consisted of 416,216 loans originated by C&G and
secured over properties located in England, Wales and Scotland, having an aggregate outstanding
principal balance of £42,708,706,666.80.
The weighted outstanding balance per loan is £102,611 with a WA LTV at origination of 70.04% (at the
cut-off date, LTV was 55.99%).

The issue will bring outstanding issuance to the following levels:
Class A Notes................................................................ £18,025,294,990
Class B Notes............................................................... . £716,192,530
Class M Notes ................................................................ £491,862,511
Class C Notes ................................................................ £661,347,712
Class D Notes ............................................................... £0

The deal has been fully retained.


Compare/contrast: Arkle 2007-1, Greenock Funding No.1 Plc, Permanent Master Issuer 2008-2
Arkle 2007-1 plcGreenock Funding No.1, PlcPermanent Master Issuer 2008-2