Different Accounts Booklet

Fixed rate ISA Balance Transfer – Minimum £25,000You have the certainty of knowing that the rate is fixed until 12thMay 2010 at 3.20% for balances transferred of £25,000 to£39,999 and 3.60% for balances of £40,000 and over. You canchoose to continue your account beyond this period and the ratewill become variable. (See summary box below) Please note thatthis is a limited issue and may be withdrawn without notice.

How much do I need to open an account?The fixed rate cash ISA is open to anyone transferring a minimumbalance of £25,000 from an existing cash ISA. You can add toyour account, provided that you do not contribute more than theannual subscription limit (currently £3,600) during each tax yearand have not contributed to another cash ISA during the same taxyear. Any additions to your account will not affect the date thefixed term ends.

Can I make withdrawals from my fixed rate cashISA balance transfer account?

No withdrawals are permitted before 12th May 2010. After thisdate, you can make withdrawals without notice or penalty.

When is the interest due?Interest is payable on maturity and will normally be added to youraccount. If you prefer, the interest can be transferred to anotheraccount with us or paid into your bank. After maturity, interest willbe paid on 31st March each year.

How to open an accountSimply complete an ISA application form and a Cash ISA TransferForm, both of which can be obtained at any Scottish Building So-ciety branch or local office, or from our website www.scot-tishbs.co.uk and take these to your nearest office.If you find it more convenient, please send your completedforms to FREEPOST RLYC-AAGE-YURH, Scottish Building Society, SBS House, 193 Dalry Road, Edinburgh EH11 2EF (no stamp required). Once your transfer has been completed, wewill need to verify your identity and address. You can find out fur-ther information about how we do this from any Society office orfrom our website.

Your Right to CancelIf you wish to change your mind about any savings or investmentaccount, please contact us within 14 days of opening the account.We will help you switch to another account with us or return yourmoney in full together with any interest earned (without notice pe-riod or charges).

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.Scottish Building Society has branches and local offices throughout Scotland. Authorised and regulated by the Financial ServicesAuthority. FSA Register No 206034. Complaints we cannot settle may be referred to the Financial Ombudsman Service.

Summary Box: Fixed rate Cash ISA Balance Transfer

Account Name Fixed rate Cash ISA Balance Transfer.

Interest Rate (AER) Fixed until 12th May 2010 at 3.20% (Tax free/AER) for balances between £25,000 - £39,999 and 3.60% (Tax free/AER) for balances £40,000 and over. After the fixed rate period, rate payable will revert to the variable Cash ISA rate (see rates leaflet for details).

Tax Status Interest is Tax Free provided the account continues to satisfy the ISA regulations.

Conditions for Not applicable as there is no bonus associated with this product. Bonus Payment

Withdrawal No withdrawals until maturity date of 12th May 2010. After this date, withdrawals can be Arrangements made without notice or penalty.

Access In person via branches and agencies or by post.

Celebrate4.50% Gross 4.55% AER*

At this rate you really will feel like a celeb.

hen the Scottish Building Society startedout in 1848, Karl Marx & Friedrich Engels hadjust published the Communist Manifesto, the California Gold Rush was underway andthe Carnegie family were leaving Scotland forAmerica. Ireland was in the grip of the potatofamine and the Highland Clearances were rav-aging Scotland.

Fast forward 160 years and we find Scotland’sfirst Building Society still going strong andmeticulously preparing for the next 160 years.

W

For further information call:

0131 313 7700Or check the details online:www.scottishbs.co.ukHead Office: SBS House, 193 Dalry Road, Edinburgh EH11 2EF

Celebrate our first 160 yearswith this limited edition

Thistle 160 Bond.We guarantee a return of4.50% Gross (4.55% AER) for a fixed six month period.Please note that this is a limited issue and

may be withdrawn without notice. The Thistle 160 Bond is issued on a

first-come first-served basis. So hurry.

*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. Gross indicates the interest rate without deduction of tax.

How much do I need to open an account?You can open an account with any amount between £1,000and £500,000 - but this must be in one lump sum, as youcannot add to your account once it is opened.

How can I make withdrawals from my Thistle Bond?The account is designed to be a home for money that can beleft untouched and there can be no withdrawals during the sixmonth term of this special 160th Anniversary Thistle Bond. When the fixed rate term ends, you will have one calendarmonth to make withdrawals without notice or penalty. We willwrite to inform you of this before your term ends. If you choose to continue your investment, you can then make with-drawals or close your account subject to 90 days’ notice (orimmediately subject to 90 days’ loss of interest on the amountwithdrawn).

When is the interest due?Interest will be added to your account on maturity.

How to open an accountSimply complete an application form, which can be obtainedat any Scottish Building Society branch or local office, or fromour website www.scottishbs.co.uk and take it with your ini-tial investment to your nearest office.If you find it more convenient, please send your initial invest-ment and completed application form to FREEPOST RLYC-AAGE-YURH, Scottish Building Society, SBS House, 193 Dalry Road, Edinburgh EH11 2EF (no stamp required). We will then forward your passbook toyou. To comply with legislation, we will need to verify your iden-tity and address. You can find out further information abouthow we do this from any Society office or from our website.

Your Right to CancelIf you wish to change your mind about any savings or invest-ment account, please contact us within 14 days of openingthe account. We will help you switch to another account withus or return your money in full together with any interestearned (without notice period or charges).

*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.Gross indicates the interest rate without deduction of tax. Scottish Building Society has branches and local offices throughout Scot-land. Authorised and regulated by the Financial Services Authority. FSA Register No 206034. Complaints we cannot settle may bereferred to the Financial Ombudsman Service.

Head Office:SBS House, 193 Dalry Road, Edinburgh EH11 2EFFor further information call: 0131 313 7700www.scottishbs.co.uk

Summary Box: Key Product Information for this Savings Account

Account Name 160th Anniversary Thistle Bond

Interest Rate (AER) 4.50% Gross (4.55% AER) fixed for six months. Reverts to Thistle Bond variable rate after six months (please see separate rates leaflet for details).

Tax Status Interest is normally paid or credited after deduction of income tax at the savings rate of 20%. Interest may be paid gross where you are eligible for interest without tax deducted and where you complete the required declaration.

Conditions for Not applicable as there is no bonus associated with this product. Bonus Payment

Withdrawal No withdrawals during the the initial six month term. If investment is continued, withdrawals Arrangements permitted subject to 90 days’ notice (or 90 days’ loss of interest on the amount withdrawn).

Access In person via branches and agencies or by post.

Thistle 160 Bond Fixed Ratea healthy return for lump sum savingsYou have the certainty of knowing thatthe rate of 4.50% (Gross) 4.55%(AER)is fixed for an initial period of 6 months.You can choose to continue your account beyond this period and the rate will become variable (see Summary Box below).Please note that this is a limited issueand may be withdrawn without notice.

4.50%

4.55%AER*

Thistle 160 Bond

Fixedrate for 6months

NEWLimitedEdition

Head Office:SBS House, 193 Dalry Road, Edinburgh EH11 2EFFor further information call: 0131 313 7700www.scottishbs.co.uk ISSUE DATE 12/08

Summary Box: Key Product Information for this Savings Account Account Name Scottish Bond Fixed Rate Issue 10 Interest Rate (AER) 3.50% (Gross/AER) fixed for one year. Reverts to the Thistle Bond variable (Year 2) rate after twelve months, (please see separate rates leaflet for details).

Tax Status Interest is normally paid or credited after deduction of income tax at the savings rate of 20%. Interest may be paid gross where you are eligible for interest without tax deducted and complete the required declaration.

Conditions for Not applicable as there is no bonus associated with this product. Bonus Payment Withdrawal During first year a penalty equivalent to 90 days’ interest will be charged on the amount Arrangements withdrawn. If continued after the initial term, withdrawals permitted subject to 90 days’ notice (or 90 days’ loss of interest on the amount withdrawn).

Access In person via branches and agencies or by post.

Scottish Bond Fixed Ratea healthy return for lump sum savingsYou have the certainty of knowing thatthe rate of 3.50% (Gross/AER) is fixedfor an initial period of 12 months.You can choose to continue your account beyond this period and the rate will become variable (see Summary Box below).Please note that this is a limited issueand may be withdrawn without notice.

Scottish BondFixed rate for 12 months

Gross AER

How much do I need to open an account?You can open an account with any amount between £1,000and £500,000 - but this must be in one lump sum, as youcannot add to your account once it is opened.

How can I make withdrawals from my Thistle Bond?The account is designed to be a home for money that can beleft untouched. However, we have built some flexibility. Dur-ing the initial period of the account, you have instant access -but any withdrawal will be subject to a penalty equivalent to90’ days interest on the amount withdrawn. You cannotavoid this penalty by giving notice.If you choose to withdraw only part of your balance, you mustleave at least the minimum balance shown above tokeep the account open. When the fixed rate term ends,you will have one calendar month to make withdrawals with-out notice or penalty. We will write to remind you of this shortlybefore your term ends. If you choose to continue your invest-ment, you can then make withdrawals or close your accountsubject to 90 days’ notice (or 90 days’ loss of interest onthe amount withdrawn).

When is the interest due?Interest will be added to your account on the anniversary ofthe date it is opened. Or, if you prefer, the interest can be trans-ferred to another account with us or paid to your bank.How to open an accountTo open an account, simply complete an application form,which can be obtained at any Scottish Building Society branchor local office, or from our website www.scottishbs.co.ukand take it with your initial investment to your nearest office.If you find it more convenient, please send your initial invest-ment and completed application form to FREEPOST RLYC-AAGE-YURH, Scottish Building Society, SBS House, 193 Dalry Road, Edinburgh EH11 2EF (no stamp required). We will then forward your passbook toyou. To comply with legislation, we will need to verify your iden-tity and address. You can find out further information abouthow we do this from any Society office or from our website.Your Right to CancelIf you wish to change your mind about any savings or invest-ment account, please contact us within 14 days of openingthe account. We will help you switch to another account withus or return your money in full together with any interestearned (without notice period or charges).

*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.Gross indicates the interest rate without deduction of tax. Scottish Building Society has branches and local offices throughout Scot-land. Authorised and regulated by the Financial Services Authority. FSA Register No 206034. Complaints we cannot settle may bereferred to the Financial Ombudsman Service.

How much do I need to open an account?You can open an account with any amount between £1,000 and£500,000 – but this must be one lump sum, as you cannot addto your account once it is opened.

How can I make withdrawals from my Heritage Bond?The account is designed to be a home for money that can be leftuntouched. However, we have built in some flexibility. During theinitial period of the account, you have instant access – but anywithdrawals will be subject to a penalty equivalent to 120 days’interest on the amount withdrawn. You cannot avoid thispenalty by giving notice.If you choose to withdraw only part of your balance, you mustleave the minimum balance shown above to keep the accountopen. When the fixed rate term ends, you will have one cal-endar month to make withdrawals without notice or penalty. Wewill write to remind you of this shortly before your term ends. Ifyou choose to continue your investment, you can then make with-drawals or close your account subject to 90 days’ notice (or90 days’ loss of interest on the amount withdrawn).

When is the interest due?The interest will be added to your account on 22nd Februaryeach year including maturity in 2012. The interest can be added

to your account or, if you prefer, transferred to another accountwith us or paid into your bank.

How to open an accountSimply complete an application form, which can be obtained atany Scottish Building Society branch or local office, or from ourwebsite www.scottishbs.co.uk and take it with your initial in-vestment to your nearest office.If you find it more convenient, please send your initial investmentand completed application form to FREEPOST RLYC-AAGE-YURH, Scottish Building Society, SBS House, 193 Dalry Road, Edinburgh EH11 2EF (no stamp required). We will then forward your passbook to you.To comply with legislation, we will need to verify your identity andaddress. You can find out further information about how we dothis from any Society office or from our website.

Your Right to CancelIf you wish to change your mind about any savings or investmentaccount, please contact us within 14 days of opening the account.We will help you switch to another account with us or return yourmoney in full together with any interest earned (without notice pe-riod or charges).

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.Gross indicates the interest rate without deduction of tax. Scottish Building Society has branches and local offices throughout Scot-land. Authorised and regulated by the Financial Services Authority. FSA Register No 206034. Complaints we cannot settle may bereferred to the Financial Ombudsman Service.

Summary Box: Key Product Information for this Savings Account

Account Name Three Year fixed rate Heritage Bond

Interest Rate (AER) 3.50% Gross/AER ( 2.80% net) fixed for three year period until 22nd February 2012. Reverts to Thistle Bond variable (Year 2 Rate) after maturity date. (See rates leaflet for details)

Tax Status Interest is normally paid or credited after deduction of income tax at the savings rate of 20% and the net interest rate shown illustrates the effect of this. Interest may be paid gross where you are eligible for interest without tax deducted and complete the required declaration.

Conditions for Not applicable as there is no bonus associated with this product. Bonus Payment

Withdrawal During the bond period of three years until 22nd February 2012, a penalty equivalent to 120 days’ Arrangements interest will be charged on the amount withdrawn. If continued after the initial term, withdrawals permitted subject to 90 days’ notice (or 90 days’ loss of interest on the amount withdrawn).

Access In person via branches and agencies or by post.

www.scottishbs.co.uk

Fixed rate for 12 months

Our new ISA Balance Transfer has a rate of return which makes your investment work that bit harder, grow that bit faster.

That’s the wayyour money grows.

ISA Balance Tra nsfer

TAXFREE/AER6.25%

I

www.scottishbs.co.uk

Scotland’s first Building Society introduces our new limited edition Thistle Bond for a healthy return on your savings.

Thistle set the heather on fire.

6.80%Fixed rate for 12 monthsThistle Bond

GrossAER

NEW Limited Edition

Head Office:SBS House, 193 Dalry Road, Edinburgh EH11 2EF

For further information call:

0131 313 7700www.scottishbs.co.uk