FRN Variable Rate Fix

Re: British Telecommunications Plc

GBP 330,000,000.00

MATURING: 27-Jun-2033

ISIN: XS1833077545

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 25-Jun-2021 TO 25-Jun-2022

HAS BEEN FIXED AT 1.77 PCT

DAY BASIS: ACTUAL/ACTUAL(ISMA)

INTEREST PAYABLE VALUE 25-Jun-2022 WILL AMOUNT TO:

GBP 5,835,258.00 PER GBP 330,000,000.00 DENOMINATION

View source version on businesswire.com: https://www.businesswire.com/news/home/20220606005515/en/

Citibank