The objective of the Plan is to provide regular income payments that deliver returns in excess of cash deposits.

Investec Bank plc, as the Plan Manager, offers 2 different versions of this Plan. In the Investec version the deposit taker is Investec Bank plc; in the Lloyds version the deposit taker is Lloyds TSB Bank plc, hereafter ‘Lloyds’. The two versions of the Plan offer different potential returns:

Investec version:

5 Potential annual payments of 6.70%

Lloyds version:

5 Potential annual payments of 5.0%

Income payments will be made if the Payment Index Level is above the Initial Index Level at the end of each income period.

Income payments will roll over for each year that the Payment Index Level is below or equal to the Initial Index Level. The first subsequent income payment will comprise of the relevant interest payment plus the total of all rolled over income payments that have not already been paid out.

The Initial Index Level is the closing level of the FTSE 100 on 22 March 2010.

The Payment Index Levels are the five-day average closing levels of the FTSE 100 up to and including the

Payment Observation Date at the end of each income period, as detailed on page 2 of the plan brochure. If the Payment Index Level is always equal to or below the Initial Index Level you will receive no income payments and therefore no return.