Tracker Fund - FACT SHEET

CF netPEP Tracker Fund is suitable for:-

• Private Individuals - Peps and non-Peps
• Charities
• Pension Funds - including SIPPs and SSAS'
• Broker Funds - Life, Pension, Offshore and Unit Trust Funds

The Aim:

To track the FTSE 100 Index. Estimated tracking error 0.4%

The Investment Adviser:

Barclays Global Investors, the largest tracking fund managers in the world.

Income:

Income can either be distributed or automatically reinvested. Payment dates are on 30th September and 31st March each year.

Dealing: Forward price basis, weekly at 10 am on Wednesday

By Phone 0645 220044
By Fax 0171 556 0101
By e-mail to mail@cityfinancial
Online via the Internet http://www.netpep.co.uk
By Post to City Financial Managers, 88 Borough High Street, London, SE1 1ST
Initial Charge: 1%. Nil for investments over £25,000.
Annual Fee: 0.35% per annum.
Commission: 1% where the initial charge is applied.

Payment Arrangements:

By telegraphic transfer to: Lloyds Bank Plc, Fenchurch Street, London
Account Number: 0845703
Sort Code: 30: 93: 23
In the name of: City Financial Managers - client account
Cheques payable to: "City Financial Managers - client account"

Current Prices and Yield

For further information: call Richard Carswell on 0171 208 1475 or email richardc@netpep.co.uk