Common Contracts

Having the benefit of a subordinated guarantee of

Preferred Securities Agreement • August 15th, 2006

• Contract Type
  Preferred Securities Agreement
• Filed
  August 15th, 2006

The £500,000,000 Fixed Rate/Floating Rate Guaranteed Non-voting Non-cumulative Perpetual Preferred Securities (the ‘‘Preferred Securities’’), each with a liquidation preference of 100 per cent. of the nominal value of the denomination in which it is issued (the ‘‘Liquidation Preference’’), comprising limited partnership interests in BOI Capital Funding (No. 4) LP (the ‘‘Issuer’’), are proposed to be issued on 20th September, 2006 (the ‘‘Closing Date’’). The Preferred Securities will entitle holders to receive (subject as described under ‘‘Description of the Preferred Securities’’) non-cumulative preferential cash distributions (‘‘Distributions’’) payable semi- annually in arrear on 3rd April and 3rd October in each year (each a ‘‘Distribution Payment Date’’), commencing 3rd April, 2007, at a fixed rate of 6.4295 per cent. of the Liquidation Preference per annum in respect of the period from and including the Closing Date to but excluding the Distribution Payment Date falling on 3rd Apr

Fixed Rate/Variable Rate Guaranteed Non-voting Non-cumulative Perpetual Preferred Securities having the benefit of a subordinated guarantee of

Preferred Securities Agreement • February 24th, 2005

• Contract Type
  Preferred Securities Agreement
• Filed
  February 24th, 2005

The A600,000,000 Fixed Rate/Variable Rate Guaranteed Non-voting Non-cumulative Perpetual Preferred Securities (the ‘‘Preferred Securities’’), each with a liquidation preference of A1,000 (the ‘‘Liquidation Preference’’), comprising limited partnership interests in BOI Capital Funding (no.1) LP (the ‘‘Issuer’’), are proposed to be issued on 2nd March, 2005 (the ‘‘Closing Date’’). The Preferred Securities will entitle holders to receive (subject as described herein under ‘‘Description of the Preferred Securities‘‘) non- cumulative preferential cash distributions (‘‘Distributions’’) payable annually in arrear on 3rd March in each year (each a ‘‘Distribution Payment Date’’) at the rates of interest per annum as more fully described herein under ‘‘Description of the Preferred Securities’’.