National Savings

2005-08-012005-06-17TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk258571402/221402/22

National Savings

National Savings and Investments

PREMIUM SAVINGS BONDS—NOTICE OF NEW INTEREST RATE AND CHANGE TO SHARES ALLOCATED TO VALUE BANDS

On and from 1 August 2005 the rate of interest specified for determining the amount of the prize fund will be 3.25% pa. In respect of each prize draw there will be one prize for every 24,000 bond units eligible for inclusion in the draw. The monthly prize fund will be shared between the higher, medium and lower value bands as follows:

6%, 5% and 89% respectively (subject to any adjustments required by the terms and conditions).

Issued by National Savings and Investments on behalf of the Treasury