STANDARD VARIABLE MORTGAGE INTEREST RATE

Principality Building Society and Principality Mortgage Corporation Limited are increasing their standard variable mortgage interest rates to 8.45 per cent. per annum as follows:   from 16th February 1998, for those borrowers with the 1990 or subsequent mortgage conditions;   from 1st April 1998, for those borrowers entitled to one month’s notice of increase;   from 1st May 1998, for those borrowers entitled to two month’s notice of increase;   from 1st March 1998, for all other borrowers. PO Box 89, Principality Buildings,   Queen Street, Cardiff CF1 1UA.