Notice of redemption of covered bond

NOTICE FOR THE REDEMPTION OF COVERED BONDS AND NOTICE TO DELIST THE COVERED BONDS ISSUED BY LEEDS BUILDING SOCIETY

Date: 12 August 2015

€50,000,000 Floating Rate Series 2 Covered Bonds due August 2015 ISIN: XS0532727541

(the Series 2 Covered Bonds)

NOTICE IS HEREBY GIVEN that on 12 August the Issuer redeemed in full the Series 2 Covered Bonds issued pursuant to the Leeds Building Society €7billion Global Covered Bond Programme.

Following the full and final redemption of the Series 2 Covered Bonds the Issuer intends to cancel the listing of the Series 2 Covered Bonds on the Official List maintained by the UK Listing Authority and the Issuer's admission to trading on the London Stock Exchange plc of the Series 2 Covered Bonds with effect on 15 September 2015 (being more than 20 business days after today's date).

This Notice is given on 12 August 2015

For further information, please contact:

Paul Riley - Group Treasurer

Leeds Building Society

105 Albion Street

Leeds

LS1 5AS

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