• If the level of the Index on any one of the Annual Measurement Dates is equal to or greater than the Opening Level, the Plan will make a growth payment of 8% (not compounded) of your investment for each year that the Plan has been in force.

• In this event, the Plan will mature paying a full return of capital plus the growth payment.

• You will lose some, or all, of your money if the Index has fallen by more than 50% at any close of business during the investment term and the Final Level is below the Opening Level, or in the event of the issuing bank failing to meet its liabilities.

• In this case the fall in the value of your investment will equal the fall in the level of the Index between the Opening Level and its Final Level.

• The returns on Investments made by individuals will be subject to Capital Gains Tax (see page 11 of the plan brochure).