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DISCLAIMER - IMPORTANT

THE CO-OPERATIVE BANK P.L.C. RESTRUCTURING AND RECAPITALISATION - RETAIL NOTEHOLDERS

THIS SECTION OF THE WEBSITE (THE "MICROSITE") CONTAINS ANNOUNCEMENTS, DOCUMENTS AND INFORMATION (TOGETHER THE "INFORMATION") PUBLISHED BY THE CO-OPERATIVE BANK P.L.C. WHICH IS RELEVANT TO RETAIL NOTEHOLDERS FOLLOWING THE LAUNCH OF THE CO-OPERATIVE BANK P.L.C.'S RESTRUCTURING AND RECAPITALISATION. THE INFORMATION IS BEING MADE AVAILABLE IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY, AND ITS AVAILABILITY IS SUBJECT TO THE TERMS AND CONDITIONS SET OUT BELOW.

If you would like access to the Information please read this notice carefully - it applies to all persons who view this Microsite and, depending on where you live, it may affect your rights or responsibilities. The Co-operative Bank p.l.c. reserves the right to amend or update this notice at any time and you should, therefore, read it in full each time you visit the Microsite. In addition, the contents of the Microsite may be amended at any time in whole or in part at the sole discretion of The Co-operative Bank p.l.c.

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The Information speaks only at the date of the relevant document or announcement and The Co-operative Bank p.l.c. has, and accepts, no responsibility or duty to update any Information (other than to the extent such duty arises as a matter of law or regulation).

Information relating to the Restructuring and Recapitalisation is only being communicated to persons in the United Kingdom in circumstances where section 21(1) of the Financial Services and Markets Act 2000 does not apply. Accordingly, the Information is only available to persons inside the United Kingdom who fall within one of the following categories:

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13 February 2017 Board Commencing Sale Process and Considering Options to Build Capital

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