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Closure of Protected 100 and Bonusbuilder 90

Release date: 26 April 2007

Following a review of our fund portfolio, NPI have decided to withdraw the NPI Protected 100 and Bonusbuilder 90 (Protected Equity) funds from 1 June 2007.

    These investment options are no longer available to NPI customers.

    As a result of this decision, any existing or future intended investment into either of these funds will have to be switched and redirected into an alternative fund(s).

    A letter has been sent to all customers investing in the funds, informing them of the 18 May 2007 deadline for the return of the switch and redirection request form.

    If we have not received any switch or redirection instruction by 1 June 2007, we will switch existing Protected 100 and/or Bonusbuilder 90 investment(s), and any future contributions, into the NPI Deposit (Cash) Fund.

    We strongly recommend that you seek advice from a financial adviser before switching your investments. If you do not have a financial adviser, please visit our How to – Locate a Financial Adviser section for more information. Please note that financial advisers may charge you for providing advice.

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