Legal Information

The Royal Bank of Scotland plc (RBS) is a member of The Royal Bank of Scotland Group (the RBS Group). For information about our Group of companies please visit www.rbs.com and click on 'About Us'.

This website is owned and maintained by RBS. The use of this website is subject to the following terms and conditions (the Terms) which you should read carefully. By using this website you agree to be legally bound by these Terms. If you do not accept these Terms, please do not use this website.

This website contains information on securities that were issued and promoted by RBS or other members of the RBS Group.

Use of website

1. The information provided on this website or in any communication containing a link to this site is for personal use and informational purposes only. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction in any country where such distribution or use would be contrary to law or regulation or which would subject any member of the RBS Group to any registration requirement within such jurisdiction or country.

2. The distribution of material on this website may be restricted by the laws or regulations of the country from which you are accessing this website. Where such restrictions exist, persons accessing this website must inform themselves about, and observe, any such restrictions.

3. The services referred to on this website are intended for use by residents of the country specified on the relevant product page as being the jurisdiction in which the securities were being offered, and are not aimed at or intended for use by residents of any other jurisdiction. Residents of other jurisdictions must not act on anything in this website. In particular, but without limitation, the services and securities referred to on this website are not being offered and are not otherwise available in the United States of America or to U.S. persons.

4. Information on this website does not constitute a financial promotion or marketing communication.

Exclusion of liability

5. These 'Exclusion of Liability' provisions should be read carefully as they exclude or limit our legal liability in connection with your use of this website. Nothing in these Terms and in particular within the 'Exclusion of Liability' clauses shall attempt to exclude liability to the extent it is not permissible under applicable law, including without limitation, for death or personal injury, or for fraudulent misrepresentation.

6. Nothing in these Terms shall exclude, limit or restrict our duties and liabilities to you under the regulatory system under the United Kingdom's Financial Services and Markets Act 2000, or, to the extent we may not exclude, limit or restrict such duties under applicable law or regulation.

7. RBS have taken reasonable steps to ensure the accuracy and completeness of the content of the website. We exclude any warranties, undertakings or representations (either express or implied) to the fullest extent permitted under applicable law, that the website, including, without limitation, the functions contained in it, will be updated, the access to it uninterrupted or error-free, that defects will be corrected, or that all or any part of the content or materials or the accuracy, availability or completeness of the content of the website or any part of the content or materials are appropriate or available for use in any jurisdiction.

8. RBS accept no liability in contract, tort, negligence, statutory duty or otherwise (to the maximum extent permitted by applicable law) arising out of the use of or access to this website, which includes, without limitation, any errors or omissions contained in it or if the website is unavailable.

9. Access to and use of this website is at the user's own risk and we do not warrant that the use of this website or any material downloaded from it will not cause damage to any property, or otherwise minimise or eliminate the risks associated with the internet including, but not limited to, loss of data, computer virus infection, spyware, malicious software, trojans and worms. Also, RBS accept no liability in respect of losses or damages arising out of changes made to the content of this website by unauthorised third parties.

10. The above limitation or exclusion may not apply to you to the extent that applicable law may not allow the limitation.

Personal Data

11. By agreeing to be bound by these terms and conditions, you are agreeing to be bound by our privacy policy.

Copyright

12. The Royal Bank of Scotland plc. All rights, save as expressly granted, are reserved. Reproduction in any form of any part of the contents of this website without our prior written consent is prohibited unless for personal use only.

Trade marks

13. This website contains numerous registered and unregistered trade marks belonging to The Royal Bank of Scotland Group plc and other companies in the RBS Group. These trade marks include, but are not limited to, 'The Royal Bank of Scotland' logo, 'The Royal Bank of Scotland', and 'RBS'.

Advice

14. The contents of this website are not intended to, nor do they, provide any financial, investment or professional advice and nothing on the pages of this website shall be regarded as an offer or provision of financial, investment or other professional advice in any way. Access to the website or the retrieval of any information set out on the website by a user does not mean that the user becomes a client of any member of the RBS Group.

Regulatory Information

15. RBS is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. RBS is entered in the Register and its Register number is 121882. The Register can be accessed at www.fsa.gov.uk/register/home.do.

Changes to website

16. The contents of this website, including these Terms of use, are subject to change by RBS without notification and the RBS Group shall not be obliged to remove any outdated information from the website or to expressly mark it as being outdated.

Telephone Calls

17. Calls may be recorded.

Internet communications

18. In order to maintain the security of its systems, protect its staff and detect fraud and other crimes, the RBS Group reserves the right to monitor all internet communications, including web and email traffic, into and out of its domains. Monitoring includes (without limitation) checks for, but not limited to; viruses and other malignant code, criminal activity, and use of content that is unauthorised or unlawful, or material that may cause offence in any way.

27. A 'cookie' is information that a website stores on your computer so that it can remember something about you at a later time. Cookies are commonly used on the Internet and do not harm your computer. The cookies on this website are used in conjunction with SSL for the purpose of authentication and authorisation. Cookies are also used to record the user's access configuration and preferences and to act as a flag to help us recognise when we have already asked you to participate in any on-line market research and to prevent you from being asked to complete the same questionnaire every time that you visit this website. They do not include any personal information that others could read and understand about you, such as your name or account numbers. If you do not want us to use cookies when you visit this website, you can configure your browser not to accept them or opt-out. Please refer to your browser's help facility for further information. Please note, the use of cookies is fundamental to the operation of this website, and that opting out or refusal to accept cookies may affect its operation.

United Kingdom Regulatory information

19. If you are not satisfied with any of RBS' products or services we have a complaint handling procedure that you can use to resolve such matters.

20. The Bank is a member of The Financial Ombudsman Service. If you are still not satisfied after following the Bank's procedures, you can ask the Ombudsman to review the complaint.

21. You can find out more about The Financial Ombudsman Service in a leaflet available from any branch or by telephoning the Bank. Alternatively you can write to: Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR or telephone +44 20 7964 0500.

Enforceability

22. In the event any provision of these Terms of use and access of this website is held unenforceable, it will not affect the validity and enforceability of the remaining provisions and will be replaced by an enforceable provision that comes the closest to the intention underlying the unenforceable provision.

Governing law

23. The Terms of use of this website are governed by the laws of Scotland and any dispute regarding this website shall be subject to the non-exclusive jurisdiction of the Scottish courts.

Registered details

38. You should consider whether an investment strategy or the purchase or sale of any investment product is appropriate for you in the light of your particular investment needs, objectives and financial circumstances. Questions regarding the suitability of an investment for your specific financial and tax situation should be referred to your financial and tax advisers. Certain investment strategies and investment products featured on the website may not be available or suitable to all persons.

24. The Royal Bank of Scotland plc. Registered in Scotland No 90312. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB.