N M Rothschild & Sons Ltd ("Rothschild") is a UK bank, authorised and regulated by the Financial Services Authority ("FSA") (register no: 124451). Rothschild offers deposit services to UK residents through its Rothschild Reserve business.

Rothschild was established in 1798 and is part of the Rothschild Group*, one of the world's leading independent banking groups, which remains controlled by the Rothschild family.

* the Rothschild Group includes: N M Rothschild & Sons Limited, Rothschild & Cie Banque, Rothschilds Continuation Holdings AG, Paris Orléans SA, Rothschild Bank International Limited, Rothschild Bank AG and all their related subsidiary businesses globally.

Rothschild Reserve is a deposit taking business of N M Rothschild & Sons Ltd.

Yes. Rothschild is a bank which is authorised and regulated in the UK by the Financial Services Authority (register no: 124451).

Rothschild is covered by the FSCS. The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors - including most individuals - are covered by the scheme. In respect of deposits, an eligible depositor is entitled to claim up to £50,000 or €50,000 (whichever is the higher). For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £50,000 or €50,000 (whichever is the higher) each (making a total of £100,000 or €100,000 (whichever is the higher)). The £50,000 or €50,000 limit relates to the combined amount in all the eligible depositor's accounts with the bank, including their share of any joint account, and not to each separate account. For further information about the scheme (including the amounts covered and eligibility to claim) please contact us, refer to the FSCS website (www.FSCS.org.uk) or call the FSCS on 020 7892 7300.

Rothschild is the main UK operating company of the group headed by Rothschild Concordia SAS which is controlled by the Rothschild family.

For the year ended 31 March 2009, the results of N M Rothschild & Sons Ltd include total consolidated operating income of £446.1m and profit before income tax of £50.5m. As at 31 March 2009, total consolidated assets for N M Rothschild & Sons Limited were £4.0bn including cash of £1.1bn on short term deposit.

The proforma information shown below has been prepared by combining the audited financial results of the Rothschild Group* companies:

Proforma Rothschild Group Information

* the Rothschild Group includes: N M Rothschild & Sons Limited, Rothschild & Cie Banque, Rothschilds Continuation Holdings AG, Paris Orléans SA, Rothschild Bank International Limited, Rothschild Bank AG and all their related subsidiary businesses globally.

Rothschild has a conservative balance sheet and is well capitalised. Rothschild is authorised and regulated by the Financial Services Authority and is covered by the Financial Services Compensation Scheme (see Is Rothschild covered by the Financial Services Compensation Scheme ("FSCS")?).

Rothschild Reserve offers fixed rate term deposits to UK residents. It does not offer full banking services (such as current accounts, cheque books and debit/credit cards) and does not have any branches.

Full banking services (such as current accounts, cheque books and credit/debit cards) are offered by Rothschild Bank International Limited ("RBI") for customers with over £100,000 to deposit who wish to bank in Guernsey. For further details please see the RBI website at www.rothschild.gg.

Rothschild's Private Banking and Trust business provides independent investment advice, trust and banking services to individuals, families, trusts and charities from around the world. For further details, please see the Private Banking and Trust website.