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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.

    Pearl Assurance Limited No. 1419, London Life Limited No. 1179800, NPI Limited No. 3725037 and National Provident Life Limited No. 3641947 are authorised and regulated by the Financial Services Authority. All companies are registered in England and have their registered office at:  1 Wythall Green Way, Wythall, Birmingham, B47 6WG, Tel: 01564 204321.  We may record or monitor telephone calls. Important Company Registration and Legal Information. Phoenix Group Logo