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Investors are being given a second opportunity to see their savings outperform the FTSE 100 index with the launch of another Guaranteed Equity Bond from NS&I.

National Savings and Investments (NS&I) today launched ERNIE 4 (Electronic Random Number Indicator Equipment) at the Science Museum, London, bringing all four generations of ERNIE together for the first time.

The Ordinary Account has now closed and customers will not be able to make further deposits or withdrawals, says NS&I. In December 2003, NS&I began announcing changes to the Ordinary Account and launched the Easy Access Savings Account in its place in January 2004.

A new record in the history of Premium Bonds has been set today as a Bond bought more than 45 years ago in February 1959 has won the £1 million jackpot for a mystery winner in the London Borough of Newham.

New Guaranteed Equity Bond from National Savings and Investments offers 110% of any growth in FTSE 100 index with complete capital protection.

From today, Britain's savers will be able to open an Easy Access Savings Account, the new flexible, safe, straightforward and convenient account from NS&I.

NS&I is to launch a new instant access savings account, the Easy Access Savings Account, on 29 January 2004, offering customers an easy, safe, straightforward and convenient way to save, together with competitive interest rates.

New style Guaranteed Equity Bond from National Savings and Investments provides unlimited growth potential with 100% capital protection.

Investors gain if stock market rises or falls with new 75% participation or 15% minimum return GEB from National Savings and Investments

More than £300 million has been invested by customers in NS&I Guaranteed Equity Bonds since they were first launched in 2002.