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NDF Administration – Higher Income & Growth Plan 3

Wednesday, 22 January 2003

Type Guaranteed equity bond

Aim: Income or growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £10,000, £7,000 Isa-£1m

Term: Five years two months

Guarantee: Capital returned in full provided the index does not fall by more than 40%

Return: 8% gross income a year, 0. 64% gross income a month, up to 50% growth at end of term

Closing date: February 28, 2003

Commission: Initial 3%

Tel: 0800 169 2670


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