Change of Administrator - STOCKPLAN / STOCKPLAN: A Flying Start

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We have transferred the administration of the STOCKPLAN / STOCKPLAN: A Flying Start schemes to Halifax Share Dealing Ltd (HSDL).

We made this change in order that we may continue to offer a low-cost and flexible product for investment into SIT. Moreoever, by transferring administration of the STOCKPLAN schemes to HSDL, we will be able to introduce significant additional facilities which may be helpful to STOCKPLAN investors, such as on-line access and telephone dealing.

There continues to be no charge for investment into the STOCKPLAN schemes, other than stamp duty and dealing spread, and there are no changes to the minimum investment amounts which remain at £25 per month and £250 for lump sums.

STOCKPLAN / STOCKPLAN: A Flying Start investors will have received a letter giving notice of the change in administrator and a Customer Verification Form which they should complete and return to HSDL. Investors who make monthly payments into their STOCKPLAN / STOCKPLAN A Flying Start will have been contacted with regard to setting up a monthly Direct Debit payment which replaces their Standing Order.

If investors have any queries about the change of STOCKPLAN administrator, please contact SIT Savings' Investor Relations team on 0131 225 7781 or email heather@sit.co.uk.