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   P538    Teletext   538 Sep02 20:52:42

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        <<4<4hlhl  <$<4444<4<,h,        

        555=mjjjn  -5=5555555l*l        

        %%%-. ***  ,%%%+!%%%-.(.        

            FIXED RATE BONDS            

    h, hhh,hlhl  <4hlhlhl0  <$ <4<4$4   

    b{ b{jqjkj#5 w{jzjjjx%  s50u5u5ja   

             Gross pa/AER*              

                                        

    BOND TERM   INTEREST PAID ANNUA,LY* 

     1 YEAR       4.90% Gross pa/AER    

     2 YEAR       4.90% Gross pa/AER    

     3 YEAR       4.90% Gross pa/AER    

     4 YEAR       4.90% Gross pa/AER    

     5 YEAR       5.00% Gross pa/AER    

                                        

        MINIMUM INVESTMENT £1,000       

    MONTHLY INTEREST OPTIONS AVAILABLE  

       `p0pp`p0pp  p00p0 p0p0p0p0       

       j 5uzj 55j  u55u0 `5u5u5u0       

       jp5uzjp5uz  p55p5 p5u5u5p5       

                                        

      * IMPORTANT DETAIL ON p681        

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