A 6 year investment linked to the performance of the FTSE 100.

This product offers enhanced growth participation linked to the performance of the FTSE 100 at maturity if the issuing bank has not called the product early on any of the quarterly callable observation dates starting from 12 months. **In our 25 years of experience, such a product has never been called away. **

If the issuer does opt to redeem the product early, the client will receive their capital back plus the relevant accumulated coupon rate for each quarter that has elapsed since strike date and the investment will end. For example, if the product is called by the issuer at 12 months and the coupon rate is 2.125% per quarter, the client will receive 100% capital back plus a 8.5% coupon.

If the product is not redeemed early then at the final observation date, **if the underlying index is above its strike level, the client will receive 100% of their capital back plus the growth of the underlying from the initial strike level, multiplied by the participation rate (200%).** For example, if the underlying is 20% above its strike level and the participation rate is 200% the client will receive 100% capital back plus a 40% growth coupon.

If the underlying is below its strike level then 100% capital is returned.

With a maturity in 36 Months if not autocalled, the note uses 4 underlyings:

ISHARES MSCI EMERGING MARKET (EEM UP Equity)

S&P 500 INDEX (SPX Index)

NIKKEI 225 (NKY Index)

SWISS MARKET INDEX (SMI Index)

It provides a coupon of 2% quarterly (8% pa) with memory effect when autocalled.

Autocall level is at 100% of the worst performing index, but the note has a **SPECIAL FEATURE **called Oxygene which reduces the autocalll to 70% of the initial level of the worst performing index at maturity. whereby the note then autocalls and pays out all coupons.

It has a capital barrier at 60% (European barrier) of the initial level of he worst performing underlying at maturity, if not autocalled.

This 4 year fixed term investment offers 100% capital protection at maturity irrespective of how the the underlying indices perform. At the end of the fixed term 160% of the growth of the worst performing of Brazil (EWZ), China (HSCEI) and Taiwan (TAIEX) stock markets is applied to the capital invested.

Should the final index performance be below the initial level, 100% of the initial capital is

still repaid.

With a 100% capital guarantee this note offers 200% particpation over 6 years to the arithmetic average of quaterly returns for the worst performing of four major world stock indexes: Euro Stoxx 50, Australia’s ASX 200, and Japan’s Nikkei 225. It also pays a small coupon of 1.4% annually.

This is a very simple 18 month structured note with a 100% capital protection. The note has a 100% participation on a put option on S&P 500 as long as a daily close barrier is not hit. If the Barrier is hit a 7% rebate is paid at maturity. This is a US dollar based note.

This note can be used to hedge an long exposure to US equity markets.

This 6 year US Small Caps, Australia, UK, and Switzerland stock market indexes note autocalls after the first year, if all 4 indexes are above their initial value. It pays a 3% coupon twice a year (6% annualized), as long as all indexes are above 100% of their initial value. The coupon has a memory function, so any missed premiums will be paid if the note autocalls.

The note provides 100% of the notional back at maturity as long as all the underlying Index (worst of) finishes equal to or above the 60% European Barrier. Otherwise, the investor will receive the cash equivalent of the worst performing Index.

This 6 year US, Spain, Italy and Australian stock market indexes note autocalls after the first year, when all 4 indexes are above their initial value. It pays a 4% coupon twice a year (8% annualized), as long as all indexes are above 85% of their initial value. The coupon has a memory function, so any missed premiums will be paid if the coupon trigger level is met in the future.

The note provides 100% of the notional back at maturity as long as all the underlying Index (worst of) finishes equal to or above the 65% European Barrier. Otherwise, the investor will receive the cash equivalent of the worst performing Index.

This 6 year note pays a coupon of 5% including any previously unpaid coupon every 6 months after the first 12 months, where all underlyings close at or above 100% of their starting levels.

The note will be early redeemed when the all indexes are above their initial levels on an Observation Date.

Capital is protected at maturity provided all indices have not fallen by more than 40% (60% European barrier).

This 6 year note pays a coupon of 7.50% including any previously unpaid coupon every 6 months after the first 12 months, where all underlyings (Switzerland, Sweden, Asutralia, and Eurostoxx) close at or above 100% of their starting levels.

The note will be early redeemed when the all indexes are above their initial levels on an Observation Date.

Capital is protected at maturity provided all indices have not fallen by more than 40% (60% European barrier).

This note is 6 year investment linked to the performance of Chinese, Italian, Swedish and Australian indices.

If on any of the quarterly observation dates, including the final observation, the closing levels of all the underlyings are at or above 60% of their initial levels, the income will be paid plus any previously missed income payments. This investment will autocall and mature early if all underlyings are equal to or above the Autocall Trigger (100% of initial value) on any quarterly observation date starting at 24 months. If early maturity occurs, full capital is returned and the investment will end.

If early maturity does not occur the investment will continue to the final observation date. At the final observation date, if all underlyings are at or above 60% of their initial levels, then full capital is returned. If any underlying is below 60% of its original level, capital return will be reduced on a 1-for-1 basis. For example if the worst performing underlying has fallen to 40% of its original level, 40% of the capital will be returned.