Post Office launches new “Fiveyear Saver”

The Post Office has announced the fifth issue of its Fiveyear Saver – a no risk, fixed-term deposit bond - which guarantees returns over a five year period with the benefit of further growth potential linked to the FTSE 100-Index.

The Fiveyear Saver offers a dual investment system, which is ideal for investors made cautious by the recent stock market jitters. As a result customers who take advantage of this great offer - which is open now and closes on 11 January 2008 - will see their money managed in two ways:

Half of their deposit earns a very competitive 7.5 per cent gross/AER per annum for the five year fixed term period

The other half benefits from a 50 per cent return on any increase in the FTSE-100 Index over the five year period. Customers’ original deposits are guaranteed should the FTSE-100 Index fall.

Post Office director of savings and investments Richard Norman said: “Although many investors are seeking to benefit from gains in the stock market, they also want a guarantee that they won’t lose their money. This is why we are pleased to announce the launch of a new five year savings bond – with an even better rate of interest.”

“Post Office Fiveyear Saver is asecure investment which gives a guaranteed return, while still offering the growth potential of the FTSE-100 Index. There is no risk of losing your original deposit and you can invest from just £500.”