Fixed Term Deposits

1. Interest is paid gross, without the deduction of any tax. In accordance with the EU Savings Tax Directive, automatic exchange of information applies where individuals are resident in the European Union.

Please see our Special Terms and Conditions for full account details. Interest rates may vary unless otherwise stated. Interest is calculated daily from the date of receipt of cleared funds. (See our General Terms and Conditions.) All local and non-local individual private client deposit accounts are held in Guernsey. Investec Bank (Channel Islands) Limited is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for "qualifying deposits" up to £50,000, subject to certain limitations. The maximum total compensation is capped at £100,000,000 in any five year period. Full details are available on the Scheme's website www.dcs.gg or on request. Deposits made with the Bank are not covered by the Financial Services Compensation Scheme under the UK Financial Services & Markets Act 2000.

Investec Bank (Channel Islands) Limited is part of Investec Specialist Bank and a subsidiary of Investec Bank Plc. This document is issued on behalf of Investec Bank (Channel Islands) Limited which is licensed by the Guernsey Financial Services Commission. Registered Address: Glategny Court, Glategny Esplanade, St Peter Port, Guernsey, GY1 1WR. Registered Number: 5845. The Jersey Branch of Investec Bank (Channel Islands) Limited is regulated by the Jersey Financial Services Commission to carry on deposit taking business under the Banking Business (Jersey) Law 1991, as amended. The Jersey Branch registered address is One The Esplanade, St Helier, Jersey, JE2 3QA. Copies of the Banks audited accounts are available on request. Telephone calls are recorded.