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Ulster Bank – Farming Growth Bond

Ulstyer Bank

Farming Growth Bond

Type: Guaranteed equity bond

Aim: Growth by tracking the TR Property Investment Trust, a basket of farming related stocks and the CECCEUR index of Central and Eastern European companies

Minimum-maximum investment: 2,000-no maximum

Term: Five years

Return: The greater of 10% of the original investment or 70% of the rise in the underlying investments at the end of the term

Guarantee: Original capital returned in full along with 10% growth at the end of the term regardless of the performance of the underlying investments

Closing date: March 31, 2006

Special offer: 0.35% or 0.75 % bonus for early bird investments

Offer period: Until February 18, 2006 and March 18, 2006 respectively

Commission: None

Tel: 028 9027 6460

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