On 19 February 2014, RBS announced that it had reached agreement with BNP Paribas for the sale of certain assets and liabilities related to its structured retail investor products & equity derivatives businesses, as well as associated market making activities (the "Proposed Transaction"), subject to competition approval.

Such approval has been obtained on 9 April 2014 and as a result, BNP Paribas and RBS are now implementing the Proposed Transaction. BNP Paribas has taken over the market-making activities for most of RBS structured retail products in 2014. BNP Paribas will therefore be the point of contact for support and information for all such products, including some structured retail products that remain at RBS.

Your can find information about your product on this BNP Paribas website or contact the Secondary Market Sales Desk at BNP Paribas (email: issd@bnpparibas.com; phone: +44 207 595 8704).



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BNP Paribas London Branch
BNP Paribas London Branch (registered office: 10 Harewood Avenue, London NW1 6AA; tel: [44 20] 7595 2000; fax: [44 20] 7595 2555 - www.bnpparibas.com) is authorised by the Autorité de Contrôle Prudentiel et de Résolution and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority, are available from us on request. BNP Paribas London Branch is registered in England and Wales under number FC13447 and registered as a branch in England and Wales under number BR00170. BNP Paribas is incorporated in France with Limited Liability and is authorised by the Autorité de Contrôle Prudentiel et de Résolution and regulated by the Autorité des Marchés Financiers in France. Registered office: 16 boulevard des Italiens, 75009 Paris, France 662 042 449 RCS Paris.

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