Thirtieth Stage Deposit PLUS
DepositPlus is an account that combines the benefits of a fixed-term account and favourable share price performance. The invested capital is protected and you receive an annual deposit interest, but you can also benefit from additional interest paid according to a favourable share price performance.
| Sale period | 1 February 2008–31 March 2008 |
| Maturity date | 31 March 2010 |
| Minimum deposit | 500 euros |
| Deposit interest | Fixed annual interest 2,00 %. |
| Additional interest | Fluctuation range 7-17% * if the rates of all three reference shares are on or above the starting level of 4 April 2008 on the determination date 15 March 2010. Additional interest is not annual interest. |
| Taxation of the deposit and deposit guarantee | This deposit account is an account as referred to in the Credit Institutions Act for the purpose of receiving deposits from the public under the Finnish deposit guarantee. The deposit interests paid on the account are subject to tax at source in Finland to natural persons and domestic death estates. |
| Reference shares | China Mobile Ltd/Hong Kong; Hewlett-Packard Co; Nestlè SA. |
* The expected additional interest is 12 %. Accurate additional interest will be defined on 5 December 2007.
** Past performance is no guarantee of future results.
The S&P recommendation for the shares was revised on 4.January 2008. The shares were selected from Standard&Poor’s list of best shares as part of the analysis cooperation between Nordea and Standard&Poor’s. Standard&Poor’s is the world’s leading provider of independent equity research.
China Mobile Ltd/Hong Kong
S&P rating ****
(Buy)
- Listed at the: New York Stock Exchange
- ISIN code: US16941M1099
- Trading code, Bloomberg: NESN VX
China Mobile Ltd offers telecommunication services in mainland China and Hong Kong. At the end of 2007 the company had about 363m service subscribers. In 2006 the company’s turnover was circa EUR 28.6bn and net profit was EUR 8.9bn. At the end of 2007 the company employed over 120,000 people. Further information on the Internet at: http://www.chinamobileltd.com.
The share price development of China Mobile Ltd ** Jan 2005 – Jan 2008 (USD)
Hewlett-Packard Co
S&P rating ****
(Buy)
- Listed at the: New York Stock Exchange
- ISIN code: US4282361033
- Trading code, Bloomberg: HPQ US
Hewlett-Packard produces IT solutions to companies and private persons. Its product range includes computers, image and printing products, infrastructure and service solutions as well as service and maintenance. Its 2007 turnover was about EUR 72.3bn and net profit EUR 6.0bn. At present the company employs about 140,000 people globally. Further information on the Internet at: http://www.hp.com.
Share price development of Hewlett-Packard Co ** Jan 2005 – Jan 2008 (USD)
Nestlè SA S&P, S&P rating ***** (Strong buy)
- Listed at the: SWX Swiss Exchange
- ISIN code: CH0012056047
- Trading code, Bloomberg: NESN VX
Nestlé SA is a Swiss food company. Its business operations cover the production of dairy products, beverages and convenience foods. The company has operations on all continents. In 2006 the company’s turnover was approximately EUR 61.2 bn and net profit was EUR 8.3 bn. At the end of 2006 Nestlé employed 265,000 people globally. Further information on the Internet at: http://www.nestle.com.
The share price development of Nestlé SA** January 2005 – January 2008 (CHF)
More information about Deposit PLUS is available by tel. +370 5 2361 361 or by e-mail info@nordea.lt.