London Scottish Bank update

27th February 2009

The FSCS has paid approximately £80m out of an estimated total of £250m to customers of London Scottish Bank. The vast majority of accounts are long term bonds with a variety of maturity dates through to 2013. For accounts that matured in December, January and February, the FSCS has paid compensation to over 90% of eligible claimants. We are continuing to receive and process compensation claims.