Index-linked National Savings Movement of the United Kingdom General Index of Retail Prices

For the purposes of revaluing on repayment Index-linked National Savings Certificates (Retirement Issue 2nd, 3rd, 4th, 5th, 6th, 7th, 8th and 9th Index-linked Issues) and contributions under Save As You Earn savings contracts (Third Issue), the Index figure issued by the Office for National Statistics in the month of March 1998 and applicable to the month of April 1998 is 160.3. This figure is based on the revised reference base of 100 adopted in January 1987. In accordance with the relevant prospectuses a notional Index figure of 632.4 has been calculated and will apply to Index-linked Savings Certificates purchased in March 1987 or earlier and SAYE contributions which were due for payment and made in February 1987 or earlier.