Pillar 3 Disclosures

NatWest Stockbrokers Ltd. senior management considers the control of risk and management of the capital base of the business to be a significant part of their day to day responsibilities. The disclosures required by the FSA under the Pillar III regulations can be obtained by writing to:

The Company Secretary
NatWest Stockbrokers Ltd
Exchange Court
Duncombe Street
Leeds
LS1 4AX