7 April 2009

On 26 February 2009, The Royal Bank of Scotland Group plc (RBS) announced the potential sale of its Retail and Commercial Banking business in Asia.

Pending the sale, The Royal Bank Of Scotland N.V. (formaly known as ABN AMRO Bank N.V.), Singapore Branch (the "Bank") will continue to handle customer enquiries on Minibond Notes and will continue to manage all outstanding matters relating to its role in connection with sale of the Minibond Notes as well as other investment products sold by the Bank.

All customers will be duly notified of any change to the current arrangement.