fold get behind the biggest brands in the world brands series...invest in the best known brands....

fold

fold

fold

fold

fold

fold

Ulster Bank Ireland limited. A private company limited by shares, trading as Ulster Bank, Ulster Bank Group and Banc Uladh. Registered in Republic of Ireland. Registered No. 25766. Registered office: Ulster Bank Group Centre, George’s Quay, dublin 2. Member of The Royal Bank of Scotland Group. Ulster Bank Ireland limited is regulated by the financial Regulator. Calls may be recorded.UlST 704 RI April 2009

www.ulsterbank.ie/savings

Get behind the biggest brands in the world

Premier Brands Bond Series 2For world class returns, Invest in the best known brands.

Closing Date: 12 June 2009 or earlier if fully subscribed

804998 1804998 1804998 1804998 1804998 1804998 1804998 1804998 1804998 1 3/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:42

fold

fold

fold

fold

fold

fold

Premier Brands Bond Series 2Please complete in Block Capitals and return along with your personal cheque made payable to Ulster Bank Ireland limited. I/We hereby apply for the Premier Brands Bond Series 2 and for that purpose I/we hereby request you to open an account with Ulster Bank Ireland limited in the name(s) of

YOUR INFORMATIONfor details of how we and others will use your information, please look in the accompanying Terms and Conditions or contact your local branch.

Mother’s maiden name (for security purposes)

Address

Postcode

If you are an existing Ulster Bank Ireland limited Account holder, please complete your Account details below.

Customer DeclarationI/We hereby request and authorise you: (a) to open and administer an account for me/us with Ulster Bank Ireland limited and (b) to give effect to any written request, direction or instruction relating to the account on the signature(s) of me/us or by operation of law which shall remain in full force and effect until the end of the term.I/We confirm that I/we have had an opportunity to read and consider the terms and conditions as set out overleaf and that I/we understand them.I/We confirm that I am/we are instructing Ulster Bank Ireland limited to deposit the above sum on my/our behalf. Keeping You InformedWe would like to keep you informed by letter, phone and electronic means (including e-mail and mobile messaging) about products, services and additional benefits that we believe may be of interest to you. If you don’t want us to do this, please place a cross in this box. Giving Your ConsentBy signing this application you are agreeing that we may use your information in the way described in this form (including the ‘Keeping you Informed’ section) and in the associated Terms and Conditions.I/We did not receive any specific advice on this product I/We did receive advice on this product

Please make cheques payable to Ulster Bank Ireland Limited.In order to meet our obligations under the terms of The Criminal Justice Act 1994, we may require applicants to provide evidence of identity and address. Ulster Bank Ireland limited. A private company limited by shares, trading as Ulster Bank, Ulster Bank Group and Banc Uladh. Registered in Republic of Ireland. Registered No. 25766. Registered office: Ulster Bank Group Centre, George’s Quay, dublin 2. Member of The Royal Bank of Scotland Group. Ulster Bank Ireland limited is regulated by the financial Regulator. Calls may be recorded.

(a) Name (Mr/Mrs/Ms) date of birth

(b) Name (Mr/Mrs/Ms) date of birth

Telephone Work

Account numberBank sort code

e-mail address

Are you reinvesting from a matured Ulster Bank Bond? Yes No

If yes, please give the name of the maturing bond.

3 Year 11 Month 2 minimum 3,500


Your application formTo apply for Premier Brands Bond Series 2 just complete the form overleaf and return it to any Ulster Bank branch before 12 June 2009.

Seller: FPM

Branch

Other

PERf

Warning: If you cash in your investment before 29 May 2013 on the 3 Year and 11 Month term or before 29 May 2015 on the 5 Year and 11 Month term you may lose some or all of the money you put in.

date

Signature (a)

date

Signature (b)

The choice is yoursChoose from two investment terms:

5 years and 11 months 30% of your money is placed in a fixed rate deposit account where you will earn:

• 10% gross/AER* fixed at the end of the first and second year

• PLUS you’ll receive your initial 30% back at the end of the second year.

The remaining 70% of your investment is placed in a tracker bond where, at the end of the term, you’ll have the potential to double any return up to a total return of 60%.

3 years and 11 months Your funds will be placed in a tracker bond. At the end of the term, you’ll have the potential to double any return up to a total return of 40%.

On both terms:

• Minimum investment is e3,500

• Capital is 100% secure at maturity

*AER is the Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded each year.

18

804998 2 3/4/09 16:32:45

5 2

Company NameUNILEVER ADIDAS

GLAXOSMITHKLINE NESTLEPROCTER & GAMBLE L’OREAL

APPLE NOKIAKRAFT FOODS SONY CORPORATIONMICROSOFT TOYOTA MOTOR CORPORATIONCOCA-COLA DANONE

THE WALT DISNEY CO. RESEARCH IN MOTIONPHILIPS ELECTRONICS JOHNSON & JOHNSONKELLOGG COMPANY PPR (Pinault Printemps Redoute)ROYAL DUTCH SHELL KINGFISHERCOLGATE-PALMOLIVE RENAULT

MCDONALDS CONTINENTALMARKS AND SPENCER ERICSSON

BMW RENTOKIL INITIAL PLC

An investment you don’t see every dayAdidas, Nokia, Sony Corp, McDonald’s; you’ll instantly recognise the brands featured in the Premier Brands Bond Series 2. That’s because they are all companies and products you see around you every day – in movies, in the supermarket, in your home. They’re the world renowned premium brands you’ve grown up with and here is an opportunity to invest in them.With the Premier Brands Bond Series 2, you not only have the potential to see a return on your investment, you’ll also get back every cent you invest at maturity. Which means you’ll have the confidence of knowing your money will be linked to the performance of 30 recognisable brands with an equal weighting to each company, while your capital remains secure. It’s an investment you don’t see every day.

A portfolio of world-leading brand namesYour money tracks the performance of 30 leading companies and is invested equally with 3.33% in each stock. This portfolio gives you diversification as the risk is spread equally over the 30 stocks. You’ll see from the list below that the stocks are household brands that you see every day.

804999 1 3/4/09 16:35:54

3

Here’s some more information on some of the companies whose names you may not recognise but whose brands you will:

PPRPPR develops a portfolio of high profile luxury brands including Gucci, Yves St Laurent, Alexander McQueen and La Redoute. The group has a presence in 90 countries worldwide.

UnileverUnilever owns many of the world’s best known household brands including Flora, Knorr, Hellmans, Comfort, Domestos, Vaseline and Dove. Each day people in 150 countries around the world use Unilever products to feed their families and clean themselves and their homes.

KingfisherKingfisher is a home improvement retail group with a significant presence in Europe and Asia. Its well known B&Q business in UK, Ireland and China is complemented with other local brands such as Castroma in France, Poland, Italy and Russia, along with BricoDepot in Spain.

Research In MotionResearch In Motion (RIM) is involved in the design and manufacture of wireless solutions for the worldwide mobile communications market and is perhaps best known for producing the BlackBerry which gives users wireless access to email, phone and to web and organiser features.

804999 2 3/4/09 16:35:54

GlaxoSmithKlineGlaxoSmithKline plc is a British-based pharmaceutical, biological, and healthcare company which produces a broad portfolio of pharmaceutical products covering anti-infectives, central nervous system, respiratory, gastro-intestinal/metabolic, oncology and vaccines products. It also has a Consumer Healthcare operation comprising leading oral healthcare products, nutritional drinks and over the counter (OTC) medicines. Well known GlaxoSmithKline brands include Panadol, Horlicks, Aquafresh, Lucozade and Ribena.

ContinentalContinental is one of the world’s largest manufacturers of tyres for cars, trucks, bicycles and agricultural products. Continental sells its tyres under the Continental, Uniroyal and General brands to auto-manufacturers such as BMW, Daimler and Ford.

To find out more about any of the companies in the portfolio, ask in your local Ulster Bank branch.

4

804999 3 3/4/09 16:35:54

5

Choose the timing that’s right for youThe Premier Brands Bond Series 2 gives you a choice of two investment options.

Option 1

5 Years and 11 Months • �30% of your money is placed in a Fixed Rate

Deposit Account • �70% of your money is placed in a Tracker Bond Fixed Rate Deposit Account With the Fixed Rate Deposit Account, you will receive

the following: • �Year 1: Receive 10% gross/AER* on the amount

invested in the Fixed Rate Deposit Account • �Year 2: Receive a further 10% gross/AER* on the

amount invested in the Fixed Rate Deposit Account • �PLUS your initial investment in the Fixed Rate

Deposit Account at the end of year 2.Tracker Bond In the tracker bond, the performances of the individual stocks are capped at 30%. At the end of the term, you will have the potential to earn double any return of these stocks subject to a maximum return of 60%.

Option 2

3 Years and 11 Months • �100% of your funds are placed in a tracker bond.

The performance of the individual stocks in this bond are capped at 20%.

• �At the end of the term, you will have the potential to earn double any return of these stocks subject to a maximum return of 40%.


804999 4 3/4/09 16:35:54

6

So what can you expect to earn?You can be certain that 100% of your investment is secure at maturity. You can then look forward to the potential of earning up to 60% on the amount invested in the tracker bond from the 5 year 11 month option or 40% on the amount invested in the tracker bond if you invest in the 3 year 11 month option.

What’s more, the 5 year 11 month option will also deliver you 10% gross/AER* paid annually at the end of each year for the first two years on 30% of your money invested in the Fixed Rate Deposit Account. That’s a 10% return on a portion of your money after the first year and a further 10% return on a portion of your money after the second year! Here’s what this investment could mean for you. Do bear in mind that this is only an example, based on an overall investment of e10,000:

There is no guarantee that this investment will provide a better return than a deposit or that it will provide any level of growth at all.

Example

5 Year 11 Month optionFixed Rate Deposit Account30%, or e3,000 of the initial investment, would return e300 paid after year 1, with a further e300 plus your capital invested (e3,000) after the second year. Tracker Bond 70%, or e7,000 of your overall investment in the 5 year 11 month option is invested in the tracker bond. If, at the end of the term, the combined equally weighted performance of the 30 stocks results in the tracker bond returning the maximum of 30%, this return is then doubled to 60%. Therefore, on an investment of e7,000 the maximum return would be e4,200, i.e. you receive double the tracker bond performance of e2,100.

Warning: The value of your investment may go down as well as up.

804999 5 3/4/09 16:35:55

7

Example

3 Year 11 Month optionIf, at the end of the 3 year 11 month term, the combined equally weighted performance of the 30 stocks results in the Tracker Bond returning the maximum of 20%, this return is then doubled to 40%. Therefore, on an investment of e10,000 the maximum return would be e4,000, i.e. you would receive double the tracker bond performance of e2,000.

Keeping track of your investmentWe will write to you each year to tell you how your Premier Brands Bond Series 2 is performing.

What happens when the bond matures?At maturity, capital plus any returns earned will be paid into a variable rate deposit account in your name. These funds will then be available for you to withdraw no later than 5 working days after the maturity date.

Maturity Dates5 Year 11 Month Bond: • �Tracker Bond: 29 May 2015• �Year 1 Interest return: 29 June 2010• �Year 2 Interest + Capital Return: 29 June 20113 Year 11 Month Bond: 29 May 2013

Warning: If you cash in your investment from the 5 year 11 month bond before 29 May 2015, you may lose some or all of the money you put in.

Warning: If you cash in your investment from the 3 year 11 month bond before 29 May 2013, you may lose some or all of the money you put in.

804999 6 3/4/09 16:35:55

8

How can I invest?The Premier Brands Bond Series 2 is only available for a limited period until 12 June 2009 or earlier if fully subscribed. If you are not an existing customer you will need to provide us with evidence of identity and address verification in order for us to comply with the relevant Money Laundering legislation and Financial Regulator guidelines. We also need to ensure that our existing customers have similar documentation in place when opening an additional account with us.

You also need to read the Key Features Document and the Terms and Conditions contained in this brochure before investing in the bond. This account is available to persons over 18 years of age only.

If you have any doubts about this product or if you are unsure that it meets your needs, we strongly recommend that you discuss this with one of our Financial Planning Managers who will be delighted to assist you.

To invest in this Bond, simply call into your local Ulster Bank and complete the attached application form. Please bear in mind that the minimum investment is e3,500.

804999 7 3/4/09 16:35:55

Key Features DocumentPremier Brands Bond Series 21. Product Producer The Premier Brands Bond Series 2 is provided by:

Ulster Bank Ireland Limited, Ulster Bank Group Centre, George’s Quay, Dublin 2, Ireland. Registered in Republic of Ireland. Registered No. 25766.

2. Brief Description of the Bond 5 Year 11 Month Term The 5 Year 11 Month Bond is made up of two parts: • � 30%�of your funds are placed in a Fixed Rate Deposit

Account paying a fixed return of 10% gross/AER * paid annually at the the end of the first and second years.

On maturity of the year 2 interest, this interest is added to the capital and this amount is available for withdrawal (refer to point 6 in the Terms and Conditions for more detail).

• �The remaining 70% of your funds are placed in a Tracker Bond over a 5 year 11 month term. The performance of the individual stocks in this bond are capped at 30%, providing you with the potential to earn double any return of these stocks over the term subject to a maximum return of 60%.

3 Year 11 Month Term� �100% of your funds are placed in a tracker bond. The

performance of the individual stocks in this bond are capped at 20%, providing you with the potential to earn double any return of these stocks over a 3 year 11 month term subject to a maximum return of 40%.

3. Averaging Monthly averaging is used as follows: • �5 Year 11 Month Bond – over the final 6 months starting

29 November 2014 and finishing 22 May 2015. • �3 Year 11 Month Bond – over the final 6 months starting

29 November 2012 and finishing 22 May 2013.


9

Averaging is used to protect your investment from any downturns in the market over the final 6 months. Equally,

averaging may impact negatively on the final return where there is an uplift over the last 6 months of the bond.

804999 8 3/4/09 16:35:55

10

4. Dividends Dividends are not payable on the Premier Brands Bond

Series 2. As such this Bond is a capital growth investment only and therefore cannot be used as an income generating investment. Dividends will not be received on the underlying equity investment.

5. Currency Risk The performance of the Premier Brands Bond Series 2,

which is denominated in Euro, is not affected by exchange rate fluctuations.

6. Investment Term There are two term options with this Bond. Both terms

commence on 29 June 2009. 5 Year 11 Month term matures as follows: • �Tracker Bond 29 May 2015 • �Year 1 interest return: 29 June 2010 • � Year 2 interest + capital return: 29 June 2011 3 Year 11 Month term matures on 29 May 2013 Any return payable will be paid out no later than five

working days after these dates.

7. Where does my investment go?� �100% of your money will at all times be held on deposit

in Ulster Bank Ireland Limited until the maturity date. Your proposed investment of e10,000 (example only) will be used at the date of the investment, as follows:

5 Year 11 Month Bond

€7,000 or 70%

• Will be used to secure the promised payment of e7,000 payable after 5 years and 11 months. This is equivalent to a promised return on this part of your investment of 0% p.a., before tax is deducted (if applicable).

• If the cash bonus on 70% of your investment after 5 years 11 months is zero, the promised payment will represent a return of 0% p.a., on 70% of your total investment over the period to the date of the promised payment, before any tax is deducted.

€3,000 or 30%

• Will be used to secure the promised payment of e3,600 payable over two years. This is equivalent to a promised return on this part of your investment of 10% gross/AER* fixed paid at the end of each year for 2 years before tax is deducted (if applicable) plus your initial 30% investment in the fixed rate deposit.

€0 or 0% • Will be used to secure the cash bonus which may be payable after 5 years and 11 months.

€0 or 0% • Will be taken in charges.

€10,000 Total

804999 9 3/4/09 16:35:55

11

3 Year 11 Month Bond

€10,000 or 100%

• Will be used to secure the promised payment of e10,000 payable after 3 years and 11 months. This is equivalent to a promised return on this part of your investment of 0% p.a., before tax is deducted (if applicable).

• If the cash bonus on 100% of your investment after 3 years 11 months is zero, the promised payment will represent a return of 0% p.a., on 100% of your total investment over the period to the date of the promised payment, before any tax is deducted.

€0 or 0% • Will be used to secure the cash bonus which may be payable after 3 years and 11 months.

€0 or 0% • Will be taken in charges.

€10,000 Total

Any interest that is payable to you from your deposit subject to the terms of the Bond will be done so after the deduction of relevant tax.


8. Will I have access to my investment?The 5 year 11 month bond commences on 29 June 2009�and matures on 29 May 2015. The interest payable after year 1 will mature on 29 June 2010, with the interest payable after year 2, along with your capital, maturing on 29 June 2011. The 3 year 11 month bond commences on 29 June 2009 and matures on 29 May 2013.It is important to note that full or partial encashment in advance of the relevant maturity date is not a feature of this bond. If you require full or partial access to your capital before maturity, this product is not suitable for your needs.

9. What happens if I die before the tracker bond matures?If the account holder dies, or in the case of joint investments, if both the account holders die, before the maturity date, the account will continue for the Full Term in the name of the Executor or Administrator. Alternatively, the funds may be redeemed but at the actual value of the investment at the date of death. This value is determined by Ulster Bank and may be lower than the original Deposit. In the case of joint investments, if only one holder dies before the maturity date, the account will continue in the name of the survivor.

804999 10 3/4/09 16:35:56

10. What about tax?Interest will be paid after the deduction of Deposit Interest Retention Tax (DIRT) where applicable.

• Under current legislation interest on the Fixed Rate Deposit part of the Premier Brands Bond Series 2 is subject to DIRT, currently 23%, where applicable at the time of maturity.

• Under current legislation any return on the Tracker Bond part is subject to DIRT + 3% where applicable at the time of maturity.

The rate of DIRT is subject to change in accordance with future legislation. You should satisfy yourself in relation to any potential requirement to make a report to the Revenue and the implications of not reporting.

Tax liability and other matters referred to are as applicable under current legislation, which may change, and their applicability will depend on your individual circumstances.

If you qualify as a non-resident, a charity or a credit union you may be entitled to receive the proceeds without the deduction of tax. If you are unsure of your tax status, please contact your local tax office. Your Information1. Your account is with Ulster Bank Ireland Limited who is the data controller.2. We are a member of The Royal Bank of Scotland Group (The Group).

For information about our Group of companies, please visit www.rbs.com and click on ‘About us’ or for similar enquiries, please telephone 0044 131 556 8555.

How we use your information and who we share it with3. Your information comprises all the details we hold about you and your

transactions, and includes information obtained from third parties.4. We may use and share your information with other members of the Group

to help us and them: – assess financial and insurance risks; – recover debt; – prevent and detect crime; – understand our customers’ requirements; – develop and test products and services.

5. We do not disclose your information to anyone outside the Group except: – where we have your permission; or – where we are required or permitted to do so by law; or – to credit reference and fraud prevention agencies and other companies

that provide a service to us or you; or – where we may transfer rights and obligations under this agreement.

12

804999 11 3/4/09 16:35:56

6. We may link information between your accounts and other products and services you hold with us. We may also link information between you and others with whom you have a financial link. Unless you consent, we will not use the links for marketing purposes.

7. We may transfer your information to other countries on the basis that anyone to whom we pass it provides an adequate level of protection. However, such information may be accessed by law enforcement agencies and other authorities to prevent and detect crime and comply with legal obligations.

8. From time to time we may change the way we use your information. Where we believe you may not reasonably expect such a change we shall write to you. If you do not object to the change within 60 days, you consent to that change.

9. If you would like a copy of the information we hold about you, please write to your branch. A fee may be payable.

Credit Reference Agencies10. We may make periodic searches at credit reference agencies and will

provide information to the Group to manage and take decisions about your accounts. This may include information about how you manage your account, including your account balance, credit limit and any arrears. We will also provide this information to credit reference agencies who may make this information available to other organisations so that they can take decisions about you. The information may also be used for tracing purposes.

Fraud Prevention Agencies11. If false or inaccurate information is provided and fraud is identified or

suspected, details may be passed to fraud prevention agencies. Law enforcement agencies may access and use this information. We and other organisations may also access and use this information to prevent fraud and money laundering, for example when: – checking applications for, and managing credit or other facilities and

recovering debt; – checking insurance proposals and claims; – checking details of job applicants and employeesWe, and other organisations that may access and use information recorded by fraud prevention agencies, may do so from other countries.12. We can provide the names and addresses of the agencies we use if you

would like a copy of your information held by them. Please contact your local branch. The agencies may charge a fee.

If you are not satisfiedIf you are not satisfied with any of Ulster Bank’s products or services, we have a complaint handling procedure that you can use to resolve such matters. A leaflet giving details of our procedure is available in conjunction with this application form or from any Ulster Bank branch. We are a member of the Financial Ombudsman Scheme. If you are not satisfied after following our procedures, you can ask the Ombudsman to review the complaint. You can find out more about the Financial Services Ombudsman in the leaflet available from any of our branches or online at www.financialombudsman.ie Alternatively, you can write to the Financial Services Ombudsman’s Bureau, 3rd Floor, Lincoln House, Lincoln Place, Dublin 2. Lo Call 1890 88 20 90. Email enquiries should be sent to [email protected]

13

804999 12 3/4/09 16:35:56

Terms and Conditions Important InformationLanguageThese Terms and Conditions are written in English and all our communications with you will be in English.Governing LawOur dealings with you leading up to you taking out either the 3 Year 11 Month Bond or the 5 Year 11 Month Bond, as well as the Terms and Conditions of our agreement with you, are governed by the laws of Ireland. You agree that the courts of Ireland will have jurisdiction in relation to any matter relating to this agreement.You may invest your money in either the 3 Year 11 Month Bond or the 5 Year 11 Month Bond or both. The 3 Year 11 Month Bond will generate a return on your investment dependent on the performance of a portfolio of 30 companies in the global brand sector (the “Share Portfolio”). The 5 Year 11 Month Bond will place 30% of your investment in a 2 Year Fixed Rate Deposit Account maturing on 29 June 2011 (the “Deposit Component”). The remaining 70% of your 5 Year 11 Month Bond investment will generate a return on your investment dependent on the performance of the Share Portfolio (the “Tracker Component”). Any Interest will be calculated in accordance with Condition 5.1. Definitions1.1 ‘the Bank’, ‘we’, ‘our’, ‘us’, each mean Ulster Bank Ireland Limited.1.2 ‘You/your’ means the customer(s) whose name(s) the Account is

maintained.1.3 ‘The ‘Offer Period’ ends on 12 June 2009, or may expire before this date

if the investment is fully subscribed.1.4 The ‘Term’ of both Bonds commences on 29 June 2009 (the “Issue

Date”). The 3 Year 11 Month Bond matures on 29 May 2013. In respect of the 5 Year 11 Month Bond, the Tracker Component matures on 29 May 2015, with the Deposit Component maturing on 29 June 2011.

1.5 ‘Interest’ means the gross interest calculated as explained in Condition 5 below.

1.6 ‘Trading Day’ means a day on which the underlying shares in the Share Portfolio can be traded on the stock exchange on which they are listed.

2. Your Deposit2.1 We will invest your funds in an account with the Bank in your name(s)

(the “Account”).2.2 Funds provided to Ulster Bank Ireland Limited prior to the Issue Date

will not earn any interest. Interest will be calculated from the Issue Date in accordance with Condition 5.

2.3 Ulster Bank Ireland Limited undertakes to repay 100% of your deposit at the end of either the Term of the 3 Year 11 Month Bond or the Tracker Component of the 5 Year 11 Month Bond irrespective of stock market performance.

3. Availability3.1 The closing date for applications is 12 June 2009 or earlier if fully

subscribed.3.2 The minimum investment is e3,500.3.3 The Account is open to personal customers aged 18 and over, opening

an Account in their own name or opening an Account in joint names. All body corporates may also open an Account.

4. Withdrawals4.1 No withdrawals may be made before the end of the relevant Term.4.2 If a sole or surviving Account holder dies before the Account matures,

the Account will continue to the relevant maturity date in the name of the Executor or Administrator or, in the case of a joint Account, the Account will continue in the name of the sole surviving Account holder (or in the names of the surviving Account holder and the Executor or Administrator where applicable). Alternatively, the deposit may be redeemed, subject to normal probate regulations, at the realisable value of the Account at the date of death, as determined by us, which may be lower than the original deposit. 14

804999 13 3/4/09 16:35:56

5. Interest5.1 Interest on the 3 Year 11 Month Bond and the Tracker Component of the

5 Year 11 Month Bond is based on the combined performance (gains and losses) of the Share Portfolio as set out below.

5.2 In respect of the 3 Year 11 Month Bond, if the combined performance of the shares in the Share Portfolio results in a gain, Interest payable in respect of the 3 Year 11 Month Bond will be double the combined performance of the individual shares. This is subject to each individual share being capped at an overall performance of 20%, hence the overall maximum return is capped at 40% of the growth in the Share Portfolio for the 3 Year 11 Month Bond. If all of the shares in the Share Portfolio fail to grow or decline in value, no Interest will be paid.

5.3 In respect of the Tracker Component of the 5 Year 11 Month Bond, if the combined performance of the Share Portfolio results in a gain, the Interest payable will be double the combined performance of the shares in the Share Portfolio. This is subject to each individual share being capped at an overall performance of 30%, hence the overall maximum return on the amount invested in the Tracker Component of this Bond is capped at 60% of the growth in the Share Portfolio for the 5 Year 11 Month Bond. If all of the shares in the Share Portfolio fail to grow or decline in value, no Interest will be paid.

5.4 The Share Portfolio being tracked is a portfolio of shares comprising a total of 30 diversified major brand companies. Each share has an equal weighting in the Share Portfolio. The shares are:

UNILEVER NV. NESTLE SA.GLAXOSMITHKLINE PLC. L’OREAL SA.PROCTER & GAMBLE CO. NOKIA OYJ.

APPLE INC. SONY CORPORATIONKRAFT FOODS INC – CLASS A. TOYOTA MOTOR CORPORATION.

MICROSOFT CORPORATION. GROUPE DANONE.COCA-COLA COMPANY. RESEARCH IN MOTION LIMITED.

THE WALT DISNEY COMPANY. JOHNSON & JOHNSON.PHILIPS ELECTRONICS NV. PPR.

KELLOGG COMPANY. KINGFISHER PLC.ROYAL DUTCH SHELL PLC. RENAULT SA.

COLGATE PALMOLIVE COMPANY. CONTINENTAL AG.MCDONALDS CORPORATION. ERICSSON (Telefonaktiebolaget L. M. Ericsson) B Shares.

MARKS & SPENCER GROUP PLC. RENTOKIL INITIAL PLC.BAYERISCHE MOTOREN WERKE (BMW) AG. ADIDAS AG.

5.5.1 The opening level of each share in the Share Portfolio will be taken as the closing share price on 29 June 2009 of the stock exchange on which it is quoted. If this day is not a Trading Day, the observation will be taken on the next following Trading Day.

5.5.2 For the 3 Year 11 Month Bond, the closing level of each share in the Share Portfolio is calculated by comparing the opening level on 29 June 2009 and the average closing levels on seven occasions on the 29th calendar day of the month starting 29 November 2012 until 29 April 2013 (six observations) and 22 May 2013 (last observation). If the observation day is not a Trading Day, the observation will be taken on the next following Trading Day.

5.5.3 For the Tracker Component of the 5 Year 11 Month Bond the closing level of each share in the Share Portfolio is calculated by comparing the opening level on 29 June 2009 and the average closing levels on seven occasions on the 29th calendar day of the month starting 29 November 2014 until 29 April 2015 (six observations) and 22 May 2015 (last observation). If the observation day is not a Trading Day, the observation will be taken on the next following Trading Day.15

804999 14 3/4/09 16:35:57

5.6 The Deposit Component of the 5 Year 11 Month Bond will pay interest of 10% Gross/AER* fixed each year on the amount deposited on 29 June 2010 and 29 June 2011. The amount deposited in the 2 Year Fixed Rate Deposit will be returned within 5 working days of the maturity of this deposit on 29 June 2011.

Tax5.7 Investments are held in the form of a deposit account in the Investor’s

name. Interest earned at maturity, if any, will be paid after deduction of Deposit Interest Retention Tax (“DIRT”) where applicable. Under current legislation, any Interest earned on the Deposit Component of the 5 Year 11 Month Bond will be taxed at a rate of 23%. Any Interest earned on either the Tracker Component of the 5 Year 11 Month Bond or the 3 Year 11 Month Bond will be taxed at 26% (current rate of DIRT + 3%). Tax liability and other matters referred to are as applicable under current legislation, which may change, and their applicability will depend on the Investor’s individual circumstances. The relevant tax deduction, if any, will be applied at maturity and will be made at source by the Bank.

6. Maturity6.1 Investors will be contacted by telephone or letter before the maturity

of the investment to notify them of re-investment or repayment options available. If no specific instructions are received by the maturity date from the investor, or in the case of joint applications from both investors, the proceeds of the investment will be transferred to a variable rate deposit account with Ulster Bank. You will have access to this deposit at any time, subject to the provisions of clause 6.2 below. Terms and Conditions will apply. We will also provide you with the details of savings and investment options available at that time.

6.2 Final maturity proceeds of the 3 Year 11 Month Bond, the Tracker Component of the 5 Year 11 Month Bond or the Deposit Component of the 5 Year 11 Month Bond will be paid to investors no later than five working days after the last day of the Term of the relevant investment. The amount payable will not alter over this period.

7. Market Disruption7.1 If at any time during the relevant Term any of the events listed in

subparagraphs (i) to (iii) occurs (each such event a “Market Disruption Event”) in the form of: (i) a disruption or suspension of, or limitation on, the operations of any

of the parties or entities connected with the provision of services affecting the 3 Year 11 Month Bond or the Tracker Component of the 5 Year 11 Month Bond, for any reason whatsoever;

(ii) any material modification of any of the underlying shares for any reason whatsoever; or

(iii) the calculation and/or publication of any indices on which the shares are quoted is disrupted in a material manner, or an error in the price of a share is discovered for any reason whatsoever or the share ceases to exist; then the Bank may adjust the values used in the calculation of the Interest as it deems appropriate, having regard to the Market Disruption Event in question. The Interest (if any) may be lower as a result of the adjustment. Further, following a Market Disruption Event, the Bank may substitute a share with a similar investment.

8. Confidentiality8.1 The Bank observes a strict duty of confidentiality about your financial

affairs. We will not disclose details of your Account or your name and address to anyone else, other than to any confidentially appointed agents acting on our behalf, except in the four cases permitted by law. These are where: – We are legally compelled to do so – There is a duty to the public to disclose – Our legitimate interests require disclosure – Disclosure is made at your request or with your consent.

Additionally, we may disclose your information to companies in the Royal Bank of Scotland Group, of which we are a member.

9. Disclaimer� �Reference to particular shares or their issuers, stock markets, indices,

or index providers (“third party entities”) are included only to indicate the basis upon which Interest is calculated, not to indicate any

16

804999 15 3/4/09 16:35:57

association between the Bank and any such third party entity and any such references are not intended to indicate any endorsement of this investment by any third party entity. This product is not in any way sponsored, sold or promoted by any third party entity, and such entities make no warranty or representation whatsoever, express or implied, either as to the results to be obtained from the use of any third party entity or their products. They shall not be liable (whether in negligence or otherwise) to any person for any error in any product they provide and are not under any obligation to advise the investor or the Bank of any error therein.

10. Cooling Off10.1 If you are not happy with your choice of deposit within 14 days of

signing your application, we will help you to switch to another Account of your choice or we will give you back your initial funds deposited in such circumstances. No interest will be earned.

10.2 Withdrawals prior to the commencement of the investment require written notice to be received by Ulster Bank Ireland Limited from the investor or, in the case of joint applications, from both investors, by close of business 14 days after the application was signed.

10.3 You can cancel your agreement in accordance with this Condition by writing to Ulster Bank Ireland Limited, Investment & Insurance Sales Support, Retail Network Support, Ulster Bank Group Centre, George’s Quay, Dublin 2 or taking a written notice of cancellation to your local branch. On receipt of same all funds will be returned to the investor(s).

11. Confirmation of receipt of your deposit11.1 Ulster Bank Ireland Limited shall send the investor confirmation of

receipt of the deposit following processing of the application form.12. Correspondence12.1 All correspondence will be sent to the investor, or in the case of joint

investments, the Representative Joint Holder (i.e. the first named), at the address as detailed in Ulster Bank’s records. The investor(s) is asked to notify Ulster Bank in writing promptly of any change of address. In default of such notification, all communications posted to the last home address as detailed in Ulster Bank’s records shall be deemed to be duly served.

13. Variation13.1 The Bank reserves the right to amend these Terms and Conditions for

the time being applicable to the Account. We will notify you personally of any changes and we will always give you at least 30 days’ notice.

14. Identification Procedures14.1 As part of our aim to protect existing and new customers from the

risks of fraud and to minimise the instances of money laundering, there is a legal requirement to undertake identity and address verification for all new accounts that are opened. We will need to see original documentary proof of your identity and proof of your address. We also have a requirement to ensure our existing customers have similar documentation in place when opening an additional account with us.

14.2 Non Residents must provide an annual declaration confirming their non-resident status and identification as required by Ulster Bank Ireland Limited.

15. The information contained in this brochure is correct as at April 2009, however, it may be subject to change.

17

804999 16 3/4/09 16:35:57

fold

fold

fold

fold

fold

fold

Premier Brands Bond Series 2Please complete in Block Capitals and return along with your personal cheque made payable to Ulster Bank Ireland limited. I/We hereby apply for the Premier Brands Bond Series 2 and for that purpose I/we hereby request you to open an account with Ulster Bank Ireland limited in the name(s) of

YOUR INFORMATIONfor details of how we and others will use your information, please look in the accompanying Terms and Conditions or contact your local branch.

Mother’s maiden name (for security purposes)

Address

Postcode

If you are an existing Ulster Bank Ireland limited Account holder, please complete your Account details below.

Customer DeclarationI/We hereby request and authorise you: (a) to open and administer an account for me/us with Ulster Bank Ireland limited and (b) to give effect to any written request, direction or instruction relating to the account on the signature(s) of me/us or by operation of law which shall remain in full force and effect until the end of the term.I/We confirm that I/we have had an opportunity to read and consider the terms and conditions as set out overleaf and that I/we understand them.I/We confirm that I am/we are instructing Ulster Bank Ireland limited to deposit the above sum on my/our behalf. Keeping You InformedWe would like to keep you informed by letter, phone and electronic means (including e-mail and mobile messaging) about products, services and additional benefits that we believe may be of interest to you. If you don’t want us to do this, please place a cross in this box. Giving Your ConsentBy signing this application you are agreeing that we may use your information in the way described in this form (including the ‘Keeping you Informed’ section) and in the associated Terms and Conditions.I/We did not receive any specific advice on this product I/We did receive advice on this product

Please make cheques payable to Ulster Bank Ireland Limited.In order to meet our obligations under the terms of The Criminal Justice Act 1994, we may require applicants to provide evidence of identity and address. Ulster Bank Ireland limited. A private company limited by shares, trading as Ulster Bank, Ulster Bank Group and Banc Uladh. Registered in Republic of Ireland. Registered No. 25766. Registered office: Ulster Bank Group Centre, George’s Quay, dublin 2. Member of The Royal Bank of Scotland Group. Ulster Bank Ireland limited is regulated by the financial Regulator. Calls may be recorded.

(a) Name (Mr/Mrs/Ms) date of birth

(b) Name (Mr/Mrs/Ms) date of birth

Telephone Work

Account numberBank sort code

e-mail address

Are you reinvesting from a matured Ulster Bank Bond? Yes No

If yes, please give the name of the maturing bond.



Your application formTo apply for Premier Brands Bond Series 2 just complete the form overleaf and return it to any Ulster Bank branch before 12 June 2009.

Seller: FPM

Branch

Other

PERf

Warning: If you cash in your investment before 29 May 2013 on the 3 Year and 11 Month term or before 29 May 2015 on the 5 Year and 11 Month term you may lose some or all of the money you put in.

date

Signature (a)

date

Signature (b)

The choice is yoursChoose from two investment terms:

5 years and 11 months 30% of your money is placed in a fixed rate deposit account where you will earn:

• 10% gross/AER* fixed at the end of the first and second year

• PLUS you’ll receive your initial 30% back at the end of the second year.

The remaining 70% of your investment is placed in a tracker bond where, at the end of the term, you’ll have the potential to double any return up to a total return of 60%.

3 years and 11 months Your funds will be placed in a tracker bond. At the end of the term, you’ll have the potential to double any return up to a total return of 40%.

On both terms:

• Minimum investment is e3,500

• Capital is 100% secure at maturity


18

804998 2 3/4/09 16:32:45

fold

fold

fold

fold

fold

fold

Ulster Bank Ireland limited. A private company limited by shares, trading as Ulster Bank, Ulster Bank Group and Banc Uladh. Registered in Republic of Ireland. Registered No. 25766. Registered office: Ulster Bank Group Centre, George’s Quay, dublin 2. Member of The Royal Bank of Scotland Group. Ulster Bank Ireland limited is regulated by the financial Regulator. Calls may be recorded.UlST 704 RI April 2009

www.ulsterbank.ie/savings

Get behind the biggest brands in the world

Premier Brands Bond Series 2For world class returns, Invest in the best known brands.

Closing Date: 12 June 2009 or earlier if fully subscribed

804998 1804998 1804998 1804998 1804998 1804998 1804998 1804998 1804998 1 3/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:423/4/09 16:32:42

fold get behind the biggest brands in the world brands series...invest in the best known brands....

Documents