STERLING CAPITAL GUARANTEED SAVINGS BOND 15

WHAT A REFRESHING BLEND

FOR A LIMITED TIME ONLY Closing date 16th December 2005 APPLICATION FORM

Earn 8% on half your money after just one year with Sterling Capital Guaranteed Savings Bond 15 The Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15 offers you fantastic rewards: an attractive one year fixed return on half your investment and the opportunity to benefit from the growth potential of some of the world's best known financial markets on the other half. Here’s how it works: • Half of your capital is invested for one year at a fantastic rate of 8%. When this matures after one year, you get this half of your capital along with a great return. • The return on the other half of your capital is based on the performance of a “basket” of indices over five years. This “basket” is made up of the FTSE 100 Index, the Swiss Market Index (SMI)®, Dow Jones EURO STOXX 50®and the Nikkei 225. At the end of the five years, this half of your capital is returned, along with 75% of the average percentage rate of increase of the “basket” of indices during this time. (For a more detailed explanation please see the box below.)

An excellent opportunity - without risking your capital! It's also worth noting that, based on current law and guidance, we consider the returns you will earn from this bond to be outside the scope of the European Union Savings Tax Directive. Should the tax position of this account change in the future, we will advise you accordingly. Bank of Scotland International Limited is part of HBOS, one of the UK’s biggest and most successful financial services groups. We are a leading offshore provider of investment and savings products. The Bank of Scotland International business name is used in offices in Jersey, the Isle of Man and Hong Kong.

The level of each index at the close of trading on 22nd December 2005 will be recorded as the “Start Level”. At the end of the five year term, an “Average Level” will be calculated. The Average Level will be determined by taking the average level of each index respectively on the 22nd of each month, over the 13 months before the account’s maturity date on 22nd December 2010. The percentage increase in each index from the Start Level to the Average Level will then be added together, and this figure will then be divided by four, and 75% of this figure will then be paid as the return on this half of your deposit.

Investing is simple. • Minimum investment – £10,000 • 100% capital guaranteed • The account is held in sterling and maintained in Jersey • Start date – 22nd December 2005 • Maturity date - Half deposited for a one year fixed term to 22nd December 2006 - Half deposited for a five year fixed term to 22nd December 2010 • Closing date for applications – 16th December 2005 What's more, even before the bond starts, your money could be working for you. If you make an application before 22nd December 2005, your investment will earn a rate of return of 4.5% AER*/gross**p.a. until the bond is opened. At the start date of the bond, half of this return will be added to your one year fixed rate balance in the bond, and the other half will be added to the five year fixed term balance in the bond. Each half will be paid at the end of the one year and five year term respectively.

Once the term of the bond starts, part withdrawals and early closures are not allowed.

Open your bond now! This is a limited offer. It may also close earlier than the above closing date if fully subscribed, so apply quickly. All you have to do is complete and return the attached application form. You can open Sterling Capital Guaranteed Savings Bond 15 by transferring money from: • Most existing Bank of Scotland International accounts and some Halifax plc or Bank of Scotland accounts held in the UK • Any other bank account • Or simply sending us a sterling cheque with your application. For further information, just call our application hotline on:

+44 (0) 1534 613514

Special conditions for the Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15 1. Definitions

3.2

In these conditions we have put the following words in bold type because they have a special meaning: Your “account” is your Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15.

Up to two people can apply to open a joint account. If you have a joint account then we will accept the instructions or signature of either one of you.

3.3

“Bank working day” is any day which is not a Saturday, Sunday, Christmas Day, Good Friday or English or Jersey bank or public holiday.

You cannot have an account as a sole trader, company, partnership or other kind of business account. We will accept applications for an account in the name of a trust.

3.4

There is a minimum investment of £10,000.

3.5

We must receive your application to open an account and the amount you want to invest before 16th December 2005. We will make any enquiries we need to confirm your identity. You can add to your initial investment provided the funds are received by us before 16th December 2005. You can only make your investment by telegraphic transfer, sterling cheque, sterling money draft or by transfer from most Bank of Scotland International variable interest or Halifax plc or Bank of Scotland accounts.

3.6

We will provide you with a rate of return on your investment at a rate of 4.50% AER*/gross** p.a. for the period up to 21st December 2005 inclusive. Condition 5 of the Bank of Scotland International Terms and Conditions explains when we will start to apply the sums accrued on your investment. Returns earned on your investment between the date it starts to accrue and 21st December will be calculated on a daily basis and following the opening of your account will be added to the balance prior to your investment being established as stipulated in condition 5.2 and 5.3.

“Index” refers to each of the following underlying index of stock prices. These are the FTSE 100 Index, SMI®, DJ EURO STOXX 50® & Nikkei 225. “Indices” refers to the collective group of underlying index of stock prices. These are the FTSE 100 Index, SMI®, DJ EURO STOXX 50® & Nikkei 225. “FTSE” is FTSE International Limited. “FT” is the Financial Times Limited. “FTSE 100 Index” means an index of stock prices known as the FTSE 100 Index, which is calculated by FTSE. “DJ” is Dow Jones. “DJ EURO STOXX 50® Index” is an index of stock prices known as the Dow Jones EURO STOXX 50® Index, which is calculated by STOXX®. “STOXX®” is a joint venture between Deutsche Boerse AG, Dow Jones & Company and the SWX Group for the development, maintenance, distribution and marketing of the Dow Jones STOXX® indices. “Nikkei 225 Index” means an index of stock prices known as the Nikkei 225 Index, which is calculated by Nikkei. “Index Sponsor” refers to the Nikkei 225 Index as it is the intellectual property of the Nihon Keizai Shimbun, Inc. “SWX” is Swiss Exchange. “SMI®” is Swiss Market Index®. “SMI® Index” means an index of stock prices known as the SMI® Index, which is calculated by SMI®.

4. Cancellation by Bank of Scotland International If we decide that the total investments received from all investors by 16th December 2005 are insufficient we may cancel the account. If we do this we will repay your investment by payment into another sterling account or an account nominated by you or, by cheque. The sums accrued will be paid on your investment until the date of cancellation. On that date the return on your investment will be capitalised and added to the principal before the whole amount is returned to you.

5. Term 2. The conditions for your account 2.1

As well as these special conditions the Bank of Scotland International Terms and Conditions will apply to your account.

2.2

The product provider for the Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15 is Bank of Scotland International Limited.

2.3

The investment account will be in sterling and held in Jersey.

3. Applications to invest 3.1

You can only apply to open an account through the post or by going into our Isle of Man or Jersey office. You must be at least 18 years old to open an account.

5.1

Your account will be opened on 22nd December 2005 and the amount which you have invested will be paid into your account on that date. We will send you a certificate shortly afterwards confirming the amount in your account.

5.2

Half of your investment will be invested for a one year term maturing on 22nd December 2006.

5.3

The other half of your investment will mature on 22nd December 2010.

5.4

You cannot make any further investments into your account during the one year or five year term. You cannot close or make any withdrawals during the one year or five year term. (Condition 9.1 explains what will happen following the death of an account holder during the term.)

6. Return 6.1

Half of the investment in your account will mature after one year on the 22nd December 2006. This will pay a rate of return of 8.00%. This half of your investment and the return earned on it, will be transferred to your nominated account on the next bank working day of the maturity date.

6.2

The remaining half of your investment matures on 22nd December 2010. You will receive on the 24th December 2010 this half of your original investment plus a return based on 75% of the Index Basket Performance, described in 6.4 below. If the Index Basket Performance is nil or a negative figure, then the return on this half of your investment will be zero. Any return on this half of your investment, plus any return earned thereon before the start of the Bond, will be paid to your nominated account on the 24th December 2010.

6.3

We will calculate the percentage rate of increase, in each individual Index using the formula:

FTSE 100 Index Performance = (FTSE 100 Index Average Level – FTSE 100 Index Start Level) FTSE 100 Index Start Level DJ EURO STOXX 50® Performance = (DJ EURO STOXX 50® Average Level – DJ EURO STOXX 50® Start Level) DJ EURO STOXX 50® Start Level SMI® Performance = (SMI® Average Level – SMI® Start Level) SMI® Start Level Nikkei 225 Performance = (Nikkei 225 Average Level – Nikkei 225 Start Level) Nikkei 225 Start Level 6.4

The Index Basket Performance is equal to the sum of the FTSE 100 Index Performance plus the DJ EURO STOXX 50® Performance plus the SMI® Performance plus Nikkei 225 Performance then divided by four. The final return is calculated as 75% of the Index Basket Performance.

6.5

The Start Level and the Average Level for each index will be calculated as follows: Start Level = the level of each Index at the close of trading business on 22nd December 2005. Average Level = will be the arithmetic average of the level of each Index at the close of business on the 22nd December 2009 and monthly thereafter on the 22nd of each month up to and including the 22nd December 2010, 13 separate dates in total. An Average Level is taken over the 13 separate dates. If on any day that an Index level is needed and one or more of the markets is unavailable through disruption or holiday then all of the other Index levels will be ignored for that day and the next available business day will be used where all Indices are open. In other words the individual Index levels will only be taken on a day when all Indices are available. This is described more fully in section 9.3.

7. Indices FTSE 100 Index The product is not in any way sponsored, endorsed, sold or promoted by FTSE or by Exchange or by FT and neither FTSE nor Exchange nor FT makes any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE 100 Index and/or the figure at which the FTSE 100 Index stands at any particular time on any particular day or otherwise.

The FTSE 100 Index is compiled and calculated by FTSE. However, neither FTSE nor Exchange nor FT shall be liable (whether in negligence or otherwise) to any person for any error in the FTSE 100 Index and neither FTSE nor Exchange nor FT shall be under any obligation to advise any person of any error therein. “FTSE™”, “FT-SE®” and “Footsie®” are trade marks of Exchange and FT and are used by FTSE under license. The FTSE 100 Index is calculated by FTSE International Limited in conjunction with the Institute and Faculty of Actuaries. FTSE International Limited does not sponsor, endorse or promote this product. All copyright in the index values and constituent list vests in FTSE International Limited. Bank of Scotland has obtained a license from FTSE International Limited to use such copyright in the creation of this product. DJ EURO STOXX 50® Index The Dow Jones EURO STOXX 50® is the intellectual property (including registered trademarks) of Stoxx Limited, Zurich, Switzerland and/or Dow Jones & Company, Inc., a Delaware corporation, New York, USA, (the “Licensors”), which is used under license. The product is in no way sponsored, endorsed, sold or promoted by the Licensors and neither of the Licensors shall have any liability with respect thereto. SMI® Index This product is not in any way sponsored, ceded, sold or promoted by the SWX Swiss Exchange and the SWX Swiss Exchange makes no warranty or representation whatsoever, express or implied, either as to the results to be obtained from the use of the SMI® index (the “Index”) and/or the level at which such index stands at any particular time on any particular day. However, the SWX Swiss Exchange shall not be liable (whether through negligence or otherwise) to any person for any error in the index and the SWX Swiss Exchange shall not be under any obligation to disclose such errors. Nikkei 225 The Nikkei 225 Index is the intellectual property of the Nihon Keizai Shimbun, Inc (the “Index Sponsor”). “Nikkei” and “Nikkei 225” are the service marks of the index sponsor. The index sponsor reserves all rights, including copyright, to the index. The product is not in any way sponsored, endorsed, sold or promoted by the Index Sponsor. The Index Sponsor does not make any warranty or representation whatsoever, express or implied, either as to the results to be obtained from the use of the Nikkei or the figure at which the Nikkei stands at any particular day or otherwise. The index is compiled and calculated solely by the Index Sponsor. However, the index sponsor shall not be liable to any person for any error in the index and the index sponsor shall not be liable to any person for any obligation to advise any person, including a purchaser or vendor of any of the products, of any error therein. In addition, the Index sponsor gives no assurance regarding any modification or change in any methodology used in calculating the index and is under no obligation to continue the calculation, publication and dissemination of the Nikkei. The Nikkei 225 index is calculated by the Index Sponsor in conjunction with the Institute and Faculty of Actuaries. Index Sponsor does not sponsor, endorse or promote this product. All copyright in the index values and constituent list vests in Index Sponsor. Bank of Scotland International Limited has obtained a license from Index Sponsor to use such copyright in the creation of this product.

8. Meaning of Guarantee Please note that the use of the word “Guaranteed” in the name of this issue and anywhere in this brochure refers only to the obligation

of Bank of Scotland International to repay your capital in full and any minimum return. The issue is not guaranteed by any party.

9. General 9.1

If you die before the maturity of your account (and the account is held in your sole name) we will transfer your account into the name of your executor or administrator (holding a formal Jersey Grant of Probate or Letters of Administration if necessary) who may then hold the account until maturity. If your account is held by two people we will transfer the account into the sole name of the survivor on the production of a certified copy of the death certificate. In those circumstances we will only recognise the survivor as having any right to the account. It will not be possible for your account to be closed in the event of your death.

9.2

9.3

9.4

If we consider it necessary (for example, if one of the underlying Indices ceases to be published or calculated or there is a change to the way in which one of the Indices is calculated or based), we may replace one of the Indices with a different index or use a different way of calculating the return. If we do this we will tell you of any different rate of return which may be paid instead of that mentioned in these conditions which is calculated by reference to increases in the Indices. We will give you 30 days written notice of such change unless it is not possible for us to do so (for example, if we are given inadequate notice of one of the underlying Indices ceasing to be published or calculated) in which case we will give you as much notice as we can. If we are unable to record the level for any one or more Index at any time as a result of: •

any disruption to the trading in the stock which is used to calculate the particular Index;

•

a failure by one or more Index to calculate the level of the Index or to calculate it correctly;

•

a delay by one or more Index in publishing the level of the Index;

•

the market on which any one or more Index is traded being closed due to bank holiday or other reasons; or

•

for any other reason; we will either disregard that day and attempt to take a recording level of the Indices on the following business day or record another suitable figure chosen by us.

These conditions and the Bank of Scotland International Terms and Conditions are part of the legal agreement between us for your account. This agreement is governed by Jersey law.

Points to note If you change your mind about investing in the Sterling Capital Guaranteed Savings Bond 15 and let us know before 23rd December 2005, your initial investment and any returns earned will be returned to you. But, once the term of the Bond starts, part withdrawals and early closures are not allowed. If you are a new Bank of Scotland International customer then we must undertake Know Your Customer accreditation checks. This process is designed to assist in the global battle against organised crime and money laundering. We will need you to supply evidence of your identity, name and address. Your patience and understanding will be appreciated. Bank of Scotland International is a registered business name for Bank of Scotland International Limited. Licensed by the Jersey Financial Services Commission and the Isle of Man Financial

Supervision Commission for the conduct of banking and investment business. Bank of Scotland International Limited is a company incorporated in Jersey with its registered office and principal place of business at Halifax House, 31-33 New Street, St. Helier, Jersey, Channel Islands. The products and services of Bank of Scotland International are not offered to any person or entity in any jurisdiction or country where the advertisement, offer, provision or sale of such products and services is restricted or prohibited by law or regulation or where Bank of Scotland International (or any of its affiliates) would be subjected to any registration or licensing requirement. Bank of Scotland International products are not offered to US residents. Although the returns on this investment are quoted gross of tax, they may be subject to tax according to the tax rules in the place in which you reside for tax purposes. It is also worth noting that based on the current law and guidance, we consider the returns you will earn from this bond are outside the scope of the European Union Savings Tax Directive. However, tax and its interpretation may change over the life of the bond, in which case we will advise you accordingly. If, further to condition 4, the bank cancels your account, or if you change your mind about investing in the account as mentioned above, and you are resident in an EU member State, we may be required to apply a retention tax to returns earned on your account or, with your permission, provide details about you and your account to the appropriate tax authority. If this proves necessary, we will advise you of the options available to you. Any retention tax that we may be required to deduct from your account may be creditable against other tax liabilities, depending on the tax rules in your country of residence. If you open an account with Bank of Scotland International Limited the special conditions in this leaflet and the Bank of Scotland International Terms and Conditions will then apply to your account. Copies of the Bank of Scotland International Terms and Conditions are enclosed (unless you are an existing savings customer of Bank of Scotland International in Jersey or the Isle of Man). The Bank of Scotland International Terms and Conditions include details of how we may change them and the special conditions for your account. In this literature “Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15” or the word “Bond” is used to describe the index linked savings account offered by Bank of Scotland International Limited. There is no separate guarantee of this product and “Capital Guaranteed” denotes the return of your investment in full if the Indices decline over the term of the account. *AER stands for Annual Equivalent Rate and illustrates what the return would be if paid and compounded each year. ** The gross rate is the contractual rate of return. The information in this leaflet is correct at the date of printing, October 2005, and may change under the Bank of Scotland International Terms and Conditions. The paid up share capital and reserves of Bank of Scotland International Limited as at 31st December 2004 were £133.8 million. Copies of the latest audited accounts are available on request. Part of the HBOS group. Copies of the latest audited accounts are available on request or at www.hbosplc.com www.bankofscotland-international.com Tel: +44 (0)1534 613514 Telephone calls may be recorded for security purposes and monitored under our quality control procedures.

How to correctly certify... Please ensure that any non-English documentation is accompanied by a fully certified English translation. Certification of Photocopied Identification and Address Documents must: 1

Be certified by a person from one of the following professions. The certifier must certify that “the copy is a complete and accurate copy of the original documentation which they have seen, and (for ID documents) state that the photograph is a true likeness of you (the applicant)”. An official of an embassy, consulate or high commission of the country of issue of documentary evidence of identity; a member of the judiciary, serving police officer or customs officer; a lawyer or notary public; an actuary; an accountant holding a recognised professional qualification; or a director, officer or manager of a regulated financial services business operating in an equivalent jurisdiction to Jersey and the Isle of Man.

2

Be certified by an individual who is independent from the applicant, and must print his or her name clearly in legible handwriting underneath and indicate his or her position or capacity. The certifier should, if they have one, also append the stamp of their office. The certification must be in English.

3

Be dated and signed by the certifying person.

4

Must be photocopied in black and white and not colour, and must not be a scanned copy.

Example:

Verification of Identity, Name and Address Please follow the instructions below and enclose all the required documents to verify your Identity, Name and Address. An item of personal identification for each applicant

(see Table 1)

Two documents to verify your residential address for each applicant

(see Table 2)

Table 1: Personal Identification Documents Please note: only send certified photocopies of documents – originals and scanned copies are not acceptable. Eligible documents: A certified full copy of a current valid passport. This should be provided wherever possible. If you are not able to provide a passport then please provide a document as listed below. The passport must be current and must show your photograph and signature. A certified copy of a full drivers licence. A certified copy of an Armed Forces ID card.

A certified copy of a National ID card.

Must be current and show your photograph and signature. If a drivers licence is used as a document in Table 1 then it cannot also be used as a suitable document in Table 2.

Table 2: Residential Address Verification Please note that scanned documents are not acceptable. Two original or certified photocopies of documents from the following list: (Please note these must be from different companies.) Documents Must be No More Than Six Months Old Oil Bill, Gas Bill, Electricity Bill, Water Bill.

Telephone Bill – not Mobile Telephone Bill or Internet.

Statement from a reputable Bank Credit Card Provider (Store credit cards do not apply). Reputable Bank or Building Society Statement. Documents Must be No More Than 12 Months Old Rates Bill, Council Tax Bill, Income Tax Bill. Statement from a reputable Mortgage Lender.

Or one of the above plus one of the following: Vehicle Registration document (no more than 12 months old). TV Licence, House Insurance certificate (no more than 12 months old). Motor Insurance certificate (no more than 12 months old). Drivers Licence (where address is printed). Cannot be used, where already used for Personal ID check. Original documents will only be returned to you if we are requested to do so.

Certification of Photocopied Documents Please refer to the page overleaf for the certification requirements.

PO Box Addresses If you have your mail sent to a P.O. Box address, we are still required to know and confirm your residential address. We will require some evidence linking your P.O. Box number to your residential address. This can be achieved by: • Sending us a certified copy of your agreement with the Post Office showing your residential address and the P.O. Box address, or • If your employer provides your accommodation, then they can send a letter to us confirming your employment, residential address and link to your P.O. Box • Sending us a utility bill if both the service address (i.e. your residential address) and the P.O. Box address are detailed on the bill.

Expatriate Applicants Residing in Temporary Accommodation If you are an expatriate applicant and reside in temporary accommodation, because you are employed on a short-term contract or if your employer provides accommodation as part of the remuneration package, you may not be able to provide verification of address documents normally required, such as utility bills. Therefore any two different documents from the following list are acceptable: • Employer’s written confirmation of address • Copy of contract of employment, showing dates of employment and address • Reputable Bank Statement (no more than six months old) or banker’s written confirmation • Recognised Bank Credit Card statement no more than six months old (store cards are not acceptable) • Non-Personal third party correspondence (must be from a respectable source) (no more than six months old).

If you require assistance in the provision of the documents requested tel: +44 (0)1534 613559.

10/2005

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FOR OFFICE USE ONLY

Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15 Application Form

Account Number

KYC Complete

Initials

Date

Date

Account Activated

Method

Date

Source

This application form is for individuals or joint applicants. Tick here if you are an existing Bank of Scotland International customer# (this includes previous Halifax International or Bank of Scotland Offshore customers)

Tick here if you are an existing customer of Halifax plc, The Governor and Company of the Bank of Scotland or other companies in the HBOS Group# My/Our* account details are:

My/Our* current Bank of Scotland International (previous Halifax International/Bank of Scotland Offshore) account number is:

Bank Sort Code: Account Number

–

–

Bank Sort Code:

–

–

Tick here if you are to be a new customer of Bank of Scotland International.

Account Number

Bank of Scotland International is required by the anti money laundering regulations to establish the identity of customers BEFORE a bank account can be opened. A fully completed application form together with verification of your identity, name and address is needed BEFORE sending your funds. We may have to return your funds to you if you are unable to provide the information required by these regulations. Please refer to the checklist ‘Confirming your Identity, Name and Address’. The documents that you provide will be checked by staff of Bank of Scotland International. It is advisable to provide a quick and convenient method for us to contact you should any queries arise. #Please note that we may need to ask for further information to support your application. Please see section ‘Authority to apply for a banker’s reference’. This is to comply with anti money laundering regulations. *Please delete where appropriate. All sections of this form must be completed in order for us to process your application. Please use block capitals and tick where applicable.

Section 1 – Personal Details 1st applicant

2nd applicant

Title (Mr/Mrs/Miss/Ms/Other (please state))

Title (Mr/Mrs/Miss/Ms/Other (please state))

Surname

Surname

Forename(s)

Forename(s)

Residential address

Residential address

Town Country

Postal Code

How long have you lived at this address? Years Residential information

Home Owner

Living with family

Years Tenant Other – please state

If less than three years at your current address, please give previous address

Postal Code

How long did you live at this address? Years

Postal Code

How long have you lived at this address? Months

Town Country

Town Country

Residential information

Months Home Owner

Living with family

Other – please state

If less than three years at your current address, please give previous address

Town Country

Postal Code

How long did you live at this address? Months

Tenant

Years

Months

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Correspondence address (if different from above)

Town Country

Correspondence address (if different from above)

Town Country

Postal Code

Do you own a property in the UK?

Yes

No

Postal Code

Do you own a property in the UK?

Yes

No

Home/Daytime telephone number (including dialling code)

Home/Daytime telephone number (including dialling code)

Work telephone number (including dialling code)

Work telephone number (including dialling code)

May we phone you at work?

Yes

No

May we phone you at work?

Yes

No

Home fax number (including dialling code)

Home fax number (including dialling code)

Email address

Email address

Marital status: *Married/Single/Divorced/Widowed (*delete as appropriate)

Marital status: *Married/Single/Divorced/Widowed (*delete as appropriate)

Number of dependant children

Number of dependant children

Nationality

Nationality

Date of birth

Date of birth

Place of birth

Place of birth

Country of birth

Country of birth

Passport number

Passport number

Passport issue date/Passport expiry date

Passport issue date/Passport expiry date

/

/

Country which issued passport

Country which issued passport

Occupation

Occupation

Employment status: Retired

Full time

Part time

Self-employed

Other

Employment status: Retired

Employer’s name and address (if self-employed please indicate the registered trading address)

Town Country Gross Annual Income £

Part time

Self-employed

Other

Employer’s name and address (if self-employed please indicate the registered trading address)

Town Country

Postal Code

Full time

Postal Code

Gross Annual Income £

Section 2 – Investment Details I/We* wish to open a Sterling Capital Guaranteed Savings Bond 15 with a total investment of £ My/Our* investment is (please tick)

enclosed

(minimum £10,000 sterling)

being sent by Telegraphic Transfer/SWIFT

Bank/Institution from where the Telegraphic Transfer/SWIFT is being sent: to be transferred from a Bank of Scotland International*/Bank of Scotland*/Halifax plc* account Bank Sort Code:

Account Number –

–

Where this is an account closure please tick *Please delete as appropriate. Note that transfers from existing accounts may be subject to withdrawal conditions of that account.

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Section 3 – Maturity Instructions On maturity of the Bond please pay the proceeds to: 1.

To a Bank of Scotland International account:

Title of account

2.

Account number

To a UK bank account (must be part of the UK clearing system – which includes most Halifax plc and Bank of Scotland accounts):

Bank name

Bank address

Sort code

Account number –

–

Account title

Section 4 – Your Account Activity – Please provide the following information This section must be completed. The information provided enables us to better understand the transactions passing through your account. If the information provided is not clear or is not consistent with other information provided, we may have to refer back to you for clarification and this may in turn delay the processing of your application. 1. Purpose of Account. Please be specific with the reason for the opening of the account (for example, saving for retirement, saving for house purchase, etc).

2. Please indicate the ORIGINAL source of wealth, i.e. how the funds to open the account originated. Please send in any appropriate documentation to confirm the source. Accumulation of Savings Sale of Business

House Sale proceeds

Pension

Salary/Bonus

Maturing Life Policy

Inheritance

Sale of Shares Other please state

Section 5 – Telephone and Fax Banking Service By opening a Bank of Scotland International Capital Guaranteed Savings Bond, you automatically become a member of Telephone and Fax Banking Service, which allows you to manage your account by telephone or fax. Please refer to the specific conditions contained in the Bank of Scotland International’s Special Conditions for the Telephone and Fax Banking Service – a copy is available on request. Please tick if you do not wish to become a member of this service. We will write to you to let you know when you can use the Telephone and Fax Banking Service. Until you have heard from us you will be unable to use the service. We will ask you for your personal security code word when you telephone, and you must always include the code word on any fax you send us. Your code word should have between 6 and 20 alpha numeric characters. Please do not let anyone else know or use your code word.

If you have already set up a code word for another International account in the same name(s) and you wish to use it for this account please tick here. Data Protection Act All personal information provided by you and any other information relating to your account(s) with Bank of Scotland International will be treated in the strictest confidence and will not be disclosed to any third parties, other than members of HBOS group, except where permitted by law or where your written consent has been received. However, information may be shared with other financial organisations to protect both ourselves and our customers against fraud. Please refer to the “uses of data” leaflet which is available on request. The information will be held in both paper form and on our computer systems and may be used in the following ways (unless you ask us not to do so): • By members of HBOS group for operational purposes • To keep you informed of our products and services which may be of interest to you. It is important to read the small print on your application. By signing your application, you agree that we may use your information in the ways described. These uses of your personal information are protected by the relevant Data Protection legislation in both Jersey and Isle of Man as well as in the UK. You have the right to obtain a copy of the information we hold about you, upon payment of the appropriate fee, and change any incorrect details by writing to the Data Protection Officer at the relevant office where your account is held. Information Source Please indicate how you first became aware of Bank of Scotland International Halifax/Bank of Scotland UK branch (please specify which branch)

Internet site

Personal recommendation

Other (please state)

Advertisement (please specify Publication/Month)

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Declaration I/We* accept the Special Conditions for the Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15 and the Bank of Scotland International’s Terms and Conditions. The sum is being invested by me/us* as sole/joint* beneficial owner/s*. I/We* confirm that the details shown on this application form are correct. I/We* agree to pay for any loss or expense which you suffer because of my/our* negligence in relation to the Telephone Banking Service, for example in letting anyone else use or know my/our* code word. I/We* have read the Codeword Indemnity in the Conditions in relation to the Telephone and Fax Banking Service and agree to be bound by the conditions where I/We* have applied for this service. Where you have indicated in Section 2 Investment Details that you wish to transfer money to open your Bank of Scotland International Sterling Capital Guaranteed Savings Bond 15 from either your Bank of Scotland International, Halifax plc or Bank of Scotland account, then by signing this Declaration you are also signing to authorise the said transfer of the opening balance indicated in the Investment Details section. I/We* agree that Bank of Scotland International is authorised until further notice to accept: My sole signature (for single accounts only)

Either of our signatures (for accounts with more than one holder)

All our signatures (for accounts with more than one holder) as a discharge for withdrawals or any other purpose in connection with this account.

PLEASE ENSURE ALL ACCOUNT HOLDERS SIGN BELOW Signature (1st applicant)

Date

Signature (2nd applicant)

Date

Bank of Scotland International is a registered business name for The Governor and Company of the Bank of Scotland and Bank of Scotland International Limited. Licensed by the Jersey Financial Services Commission and the Isle of Man Financial Supervision Commission to conduct banking and investment business. The Governor and Company of the Bank of Scotland, was constituted under an Act of the Scots Parliament in 1695, Head Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland International Limited is incorporated in Jersey, Company Number 84643, with its registered office at Halifax House, 31-33 New Street, St Helier, Jersey, Channel Islands JE4 8YW. Part of the HBOS group. Copies of the latest consolidated accounts of HBOS plc are available on request.