| Re: | Bank of Scotland PLC, London |
| USD 45,000,000.00 | |
| MATURING: 09-Jun-2013 | |
| ISIN: XS0252952931 | |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD | |
| 11-Jun-2012 TO 10-Sep-2012 HAS BEEN FIXED AT 0.51 PCT | |
| DAY BASIS: ACTUAL/360 | |
| INTEREST PAYABLE VALUE 10-Sep-2012 WILL AMOUNT TO: | |
| USD 128.37 PER USD 100,000.00 DENOMINATION | |


