Rates & Charges

Brokerage & Banking Services

Nominee Facility

Charge Details	Charge
Administration	Nil
Transfer in of Stock	FREE
Transfer out of Stock	€25 per holding

Foreign Exchange (FX)

The foreign exchange rate for all currency conversion is based on the bid/offer exchange rate to which TD Waterhouse apply a spread based on up to +/- 1.75%. Details available on request.

Cash Management Services Account

Interest Rates

Balance on Deposit	Gross Rate*	Net Rate**	AER Rate ***
Euro, Sterling & Foreign Currency balances (EUR, GBP, USD, CAD, AUD, HKD & SGD)	0%	0%	0%

* Gross Rate is the contractual rate before the deduction of UK income tax at the rate specified by law.
** Net Rate is the amount of interest which would be payable after the deduction of UK income tax specified by law.
*** AER stands for Annual Equivalent Rate (contractual rate when paid and compounded each year). The AER as stated is calculated at 04/03/10.

Dividend Reinvestment

Charge Details	Charge
Standard Commission Rate	£1.50*

* In order for the dividend to be reinvested it should have a value of £10 or more.

Savings Account

Gross Interest Rates
All balances	European Central Bank Rate minus 0.75% (subject to a minimum rate of 0.5% )

Any credit interest will be calculated on your cleared credit balance on a daily basis and will be credited to your account quarterly on or around the 25th day of March, June, September and December. Such interest will be paid net or gross as set out in our Customer Terms of Service. "Gross" means the rate that will be paid to customers without the deduction of UK income tax. If paid gross, any tax payments due on this interest will be your responsibility. Any debit interest will be calculated on the debit balance in your account on a daily basis and will be debited from your account on a quarterly basis.