SAGA — Doing things properly

Potentially earn a great return on your money by investing in a Guaranteed Equity Bond.

Our latest Saga 1 Year Guaranteed Equity Bond (Issue 1) offers you the opportunity to earn 8.00% AER*^ for 1 year on 100% of your investment; as long as the average of the FTSE 100 index taken at the start and end of the term hasn't fallen.

Even if the FTSE 100 index does fall, your capital is completely safe. This is because you do not invest directly in the FTSE 100 Index and your money is invested in a deposit account. At the end of the term you can withdraw the money or re–invest into another Saga savings account.

Please note this product is not suitable if you need access to your money during the term which runs from 30 April 2008 until 30 April 2009.

If you would like more information regarding the
Saga 1 Year 8.00% Guaranteed Equity Bond then download the brochure now.

Alternatively, Contact the Saga savings team on 0845 603 8784.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. The deposit taker for the Saga 1 Year 8.00% Guaranteed Equity Bond is Birmingham Midshires, a division of Bank of Scotland plc, which is authorised for accepting deposits by the Financial Services Authority. It is entered in the FSA's Register and its Register Number is 169628. Registered office: The Mound, Edinburgh EH1 1YZ.

^ assumes investment is made on 30 April 2008.

Calls may be monitored and recorded for security and training purposes. 0845 numbers may not be available outside the UK. Calls from BT land lines will cost a maximum of 4p per minute plus a 6p call set up fee. The price of calls from other telephone companies and from outside the UK may vary. The call price is correct as at February 2008.

Bank of Scotland plc is a member of The British Bankers' Association and subscribes to the Banking code, copies of which are available upon request.