Bradford & Bingley plc

RESULT OF GENERAL MEETING

17 July 2008

Bradford & Bingley plc ("Bradford & Bingley" or the "Company") announces that, at the extraordinary general meeting ("EGM") held earlier today, the following resolutions were passed as ordinary resolutions by way of a show of hands of the shareholders present.

Resolution 1 (as amended): To increase the Company's authorised share capital and to grant the Directors authority to allot ordinary shares in connection with the proposed rights issue.

Resolution 5: To increase the Company's authorised share capital in addition to and separate from the increase authorised in resolution 1; to authorise the capitalisation of the Company's share premium account in order to allow the issue of new ordinary shares in lieu of paying the 2008 interim dividend; and to grant the Directors authority to allot new ordinary shares in connection with the proposed capitalisation issue.

Resolutions 2, 3 and 4 were, with the consent of the shareholders present, not put to the EGM.

Bradford & Bingley EGM result of proxy voting:

Copies of the resolutions passed at the EGM will also be available for inspection shortly at the UK Listing Authority's Document Viewing Facility, situated at The Financial Services Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS.

Rod Kent, Executive Chairman, said:

"We're pleased that our shareholders have voted in favour of the enlarged rights issue today, the proceeds of which will strengthen our capital base, ensuring we remain one of the better capitalised banks in the UK."

END

Further information

Further information on the rights issue is available on the Company's website www.bbg.co.uk.

Contacts:

It is expected that admission of the Nil Paid Rights and the Fully Paid Rights to the Official List and to trading on the London Stock Exchange's market for listed securities will become effective and that dealings will commence in the Nil Paid Rights and the Fully Paid Rights by no later than 8.00 a.m. on 18 July 2008 in relation to Nil Paid Rights and by no later than 8.00 a.m. on 18 August 2008 in relation to Fully Paid Rights. It is expected that Nil Paid Rights will be credited to the CREST stock accounts of Qualifying CREST Shareholders (other than, subject to certain limited exceptions, those Qualifying CREST Shareholders who have registered addresses in the United States, Canada, Australia, Japan or South Africa) and enabled in CREST at, or as soon as practicable after, 8.00 a.m. on 18 July 2008. It is expected that Provisional Allotment Letters in respect of entitlements to New Shares pursuant to the Rights Issue will be posted later today to Qualifying Non-CREST Shareholders (other than, subject to certain limited exceptions, those Qualifying Non-CREST Shareholders who have registered addresses in the United States, Canada, Australia, Japan, or South Africa). It is expected that Nominee Allotment Letters in respect of entitlements to New Shares pursuant to the Rights Issue will be posted later today to Nominee Shareholders. The latest time and date for acceptance and payment in full under the Rights Issue is 11.00 a.m. on 13 August 2008 in relation to Nominee Shareholders and 11.00 a.m. on 15 August 2008 in relation to Qualifying CREST and Qualifying Non-CREST Shareholders.

This announcement shall not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to acquire, any New Shares or entitlements to New Shares to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful. The distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Any purchase of, or application for, securities in the Rights Issue should only be made on the basis of information contained in the Prospectus dated 24 June 2008, the Supplementary Prospectus dated 11 July 2008 and any supplement thereto.

This announcement is not a prospectus but an advertisement and investors should not subscribe for any Nil Paid Rights, Fully Paid Rights or New Shares issued in connection with the Rights Issue except on the basis of the information contained in the Prospectus and the Supplementary Prospectus.

This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The New Shares have not been, nor will they be, registered under the US Securities Act of 1933, as amended, or under the securities laws of any state in the United States or under the applicable securities laws of Canada, Australia, Japan, South Africa or any jurisdiction where to do so would breach any applicable law. Subject to certain exceptions, the New Shares may not be offered or sold in the United States, Canada, Australia, Japan, South Africa or any jurisdiction where to do so would breach any applicable law, or to or for the benefit of any national, resident or citizen of the United States, Canada, Australia, Japan, South Africa or any jurisdiction where to do so would breach any applicable law.

Neither the content of Bradford & Bingley plc's website nor any website accessible by hyperlinks on Bradford & Bingley plc's website is incorporated in, or forms part of, this announcement.

Citigroup Global Markets Limited, Citigroup Global Markets UK Equity Limited, and UBS Limited are each acting exclusively for Bradford & Bingley and for no one else in relation to the proposed Rights Issue and will not regard any other person (whether or not a recipient of this document) as a client in relation to the Rights Issue and will not be responsible to any other person for providing the protections afforded to their respective clients nor for providing advice in connection with the proposed Rights Issue, or any other matters referred to in this announcement.

Citigroup Global Markets UK Equity Limited and UBS Limited may, in accordance with applicable legal and regulatory provisions, engage in transactions in relation to the Nil Paid Rights, the Fully Paid Rights or the ordinary shares and/or related instruments for their own account for the purpose of hedging their underwriting exposure or otherwise. Except as required by applicable law or regulation, Citigroup Global Markets UK Equity Limited and UBS Limited do not propose to make any public disclosure in relation to such transactions.

No representation or warranty, express or implied, is given by or on behalf of the Company, Citigroup Global Markets Limited, Citigroup Global Markets UK Equity Limited or UBS Limited or any of their respective directors, officers, employees, advisers or any of their respective affiliates, or any other person, as to the accuracy, fairness or sufficiency or completeness of the information or opinions or beliefs contained in this announcement (or any part hereof).

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