Department of Finance and Personnel

INDEX LINKED ULSTER SAVINGS CERTIFICATES

RETIREMENT, SECOND, THIRD, FOURTH, FIFTH, SIXTH, SEVENTH, EIGHTH AND NINTH ISSUES

Movement of the United Kingdom

General Index of Retail Prices

For the purpose of revaluing on repayment Index Linked Ulster Savings Certificates of the Retirement, Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth and Ninth Index Linked Issues the Index figure issued by the Office for National Statistics in the month of December 2002 and applicable to the month of January 2003 is 178.2. This figure is based on the revised reference base of 100 adopted in January 1987. In accordance with the relevant Ulster Savings Certificates Regulations an Index figure of 703.0 has been calculated.