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NDF Administration – European Defined Bonus Plan

Type:
Capital-protected bond

Aim:
Growth linked t the performance of the Dow Jones Eurostoxx 50 index

Minimum-maximum investment:
£10,000-no maximum, Isa £7,000

Term:
Six years

Return:
10% of original investment at end of year one if the index is at or above its initial level,
20% at end of year two if the index is at or above its initial level,
30% at end of year three if the index is at or above its initial level,
40% at the end of year four if the index is at or above its initial level, 50% at the end of year five if the index is at or above its initial level, 100% growth in index at the end of year six if the index is at or above its initial level

Guarantee:
Original capital returned in full provided index does not fall by more than 50% and returns to at least its starting level

Closing date:
June 18, 2004,
June 4, 2004 for Isa/Pep transfers

Commission:
Initial 3%

Tel: 01727 734 315

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