Isle Of Man Bank Increases Rates

by Carla Johnson, Investors Offshore, London

15 May 2007

Following the decision by the Bank of England’s Monetary Policy Committee to increase Bank Base Rate to 5.50% on Thursday, 10 May 2007, Zurich Bank International has announced an immediate increase in the interest rate on its easy access Zurich Reward Account to 5.75%.

Graham Sheward, Managing Director of Zurich Bank International, said, “Following the widely expected increase in the Bank of England Base Rate we are once again pleased to announce an immediate increase in the interest payable on the Zurich Reward Account. This commitment to follow the Bank of England rate increase of 0.25% will be well received by our customers.”

The Zurich Reward Account is an instant access account with unlimited, penalty-free withdrawals. The account also guarantees to pay interest of 0.25% over the Bank of England Base Rate until at least 30 June 2007. A further guarantee ensures the rate will be within 0.25% of the Bank of England Base Rate until 1 January 2010.

The Reward Account is offered by Zurich Bank International Limited, a subsidiary company of the Zurich Financial Services Group. Zurich Bank International Limited is licensed by the Isle of Man Financial Supervision Commission to conduct Banking Business. Registered in the Isle of Man Number 22847. Registered Office: 43-51 Athol Street, Douglas, Isle of Man, IM99 1ET, British Isles.

Zurich Financial Services is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Zurich has offices in more than 50 countries and employs about 62,000 people.

For further details please contact a Relationship Banker on +44 (0) 1624 671666 or visit www.zurichbankinternational.com

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