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RaboPlus lifts rates for On Call Account to 8.10%

MEDIA RELEASE Friday September 21, 2007

RaboPlus lifts interest rates for its On Call Account to 8.10%

Wellington – Online banking service www.RaboPlus.co.nz has raised interest rates on its On Call savings account to 8.10% with effect from today.

“The recent successful take up of our parent company Rabobank’s securities issue shows that smart investors understand the risk versus return equation and the value of the AAA credit rating we offer,” said General Manager of RaboPlus.co.nz Mike Heath.

“However it doesn’t stop there. RaboPlus.co.nz will continue to offer amongst the highest interest rates with the best credit rating of all banks in New Zealand – AAA from Standard and Poor’s, the highest rating available.

“Combined with the no fees, no minimum balance, and an 8.10% interest rate, our On Call deposit product will continue to lead the market.”

/ New rate from Aug 24 / Previous rate

On Call / 8.10% / 8.00%

ENDS

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