Results

NS&I will give away five £1 million prizes in each of its two anniversary draws as part of the celebrations of 50 years of Premium Bonds. In both December 2006 and June 2007, there will be three extra jackpots as well as the usual two, giving customers five chances to win £1 million for two months only. Plus there will still be over a million other tax-free* prizes.

NS&I, the government-backed savings and investments provider, today announces its results for the year to 31 March 2006 (2005-06), which include its strongest annual sales since 2000.

National Savings and Investments (NS&I) is to launch its first Guaranteed Equity Bond in 12 months on 3 May 2006 which will offer a return equal to 112% of any growth in the FTSE 100 index over the five-year term of the Bond, without any risk to investors’ capital.

National Savings and Investments (NS&I) is to launch a Direct ISA – available from 6 April 2006, online and by telephone – which pays a competitive interest rate of 5.05% per annum, guaranteed to stay 0.55% above the Bank of England base rate for at least the next two years.

National Savings and Investments (NS&I), has today announced that Alan Cook CBE, Chief Executive, will be leaving the government-backed savings and investments provider on 28th February 2006. He will be joining Post Office Ltd as Managing Director on 1st March 2006. Trevor Bayley, currently Deputy Chief Executive and Finance Director, will become Acting Chief Executive

NS&I took home the honours in the DBA Design Effectiveness Awards, winning the sought-after digital media award for its website www.nsandi.com.

Financial Services Award goes to Siemens Business Services for NS&I call centres.

National Savings and Investments (NS&I), the government-backed savings and investments provider, has joined the Financial Ombudsman Service (FOS) voluntary jurisdiction scheme, creating a streamlined complaints service for customers and bringing the organisation further into line with the UK retail financial services industry.

New online service: customers able to invest in National Savings and Investments new GEB at www.nsandi.com from 11 May

Karen Jones has been appointed marketing director of NS&I, and will take up her position Monday 11 April 2005. Karen will become a member of the NS&I board.