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Pension Payments on Friday 30 March 2007

You may be aware from press reports that there has been a problem with the banking system this week and that a large number of payments will now be made on Monday 2 April and not today (Friday 30 March) as expected.

In respect of the client pensioner payrolls operated by Barnett Waddingham’s Pension Administration service all of our payrolls were submitted successfully this week, we have received confirmation of receipt from the banking system for all of them, and as far as we are currently aware all monies due to be paid today (Friday 30 March) have not been affected.

Please contact your usual Barnett Waddingham office if you require further information.

Barnett Waddingham LLP, March 2007.