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Press release

TYNE AND WEAR RESIDENT IS OCTOBER'S £1 MILLION PREMIUM BOND JACKPOT WINNER

01 October 2003

Winning number  37GQ 567930
Date of purchase  July 2003
Winner's location  Tyne and Wear

One lucky resident from Tyne and Wear has won the £1 million Premium Bond jackpot. ERNIE, the Premium Bond number generator, worked his way through billions of Premium Bond numbers before picking the winning combination.

The winner was told last night in person by Agent Million, National Savings and Investments' mystery agent who pays a personal visit to the winner.

This is the third winner from Tyne and Wear since the introduction of the £1 million Premium Bond jackpot since the top prize was introduced in 1994, and October's winner becomes the 115th Premium Bond millionaire overall.

In Tyne and Wear, 342,000 people own Premium Bonds worth £173million. There are approximately 4,100 unclaimed prizes in the region, worth £248,000.

This month's winning jackpot number was bought in July 2003. The popularity of Premium Bonds has grown dramatically over the past five years as the amount invested has doubled to £22 billion. Like all National Savings and Investments (NS&I) products, Premium Bonds offer investors 100% security, backed by HM Treasury, as well as the sense of fun that comes from winning tax free prizes.

The prize fund rate is currently 2.25% per annum tax free, equivalent to 2.81% p.a. gross for a basic rate tax payer and 3.75% p.a. gross for a higher rate tax payer.

The number and value of prizes awarded in October 2003 are:

£1million 1
£100,000 2
£50,000 5
£25,000 8
£10,000 20
£5,000 43
£1,000 826
£500 2,478
£100 12,593
£50 718,492
Prize value Number of Prizes
£41,313,900 734,468

Since the first draw in 1957, ERNIE has given away over 104 million prizes worth £6.7billion. Prizes range from £50 to £1million.

There is currently £23 million in unclaimed prizes. There is no time limit on claiming prizes. Premium Bond investors can check to see if they have won by logging on to www.nsandi.com and using the Premium Bond prize checker.

ENDS

Notes to Editor

The lucky jackpot winner becomes ERNIE's 115th Premium Bond millionaire.

ctober's jackpot winner holds a total of £15,202 Premium Bonds.

Further information on National Savings and Investments (NS&I), including press releases and product information, is available on the website at www.nsandi.com. You can also contact the NS&I Media Team.

NS&I has a number of spokespeople available for interviews and our experienced radio team is available via our ISDN line: 020 7602 4522.

Mark Brooks020 7348 9301mark.brooks@nsandi.com
Jonathan Akerman020 7348 9433jonathan.akerman@nsandi.com
Samantha Bennett:020 7348 9654sam.bennett@nsandi.com
Wendy Franklin020 7348 9449wendy.franklin@nsandi.com
Fax020 7348 9755
Out of hours07778 966387

Media team
NS&I has a number of spokespeople available for interviews and our experienced radio team is available via our ISDN line: 020 7602 4522.

The numbers below are for media use only. Customers wishing to contact NS&I can find details here.

Gareth Headon 020 7348 9494
gareth.headon@nsandi.com
Gill Stephens 020 7348 9449
gill.stephens@nsandi.com
Iman Asante 020 7348 9301
iman.asante@nsandi.com
Monica Del-Villar 020 7348 9654
monica.del-villar@nsandi.com

ISDN for interviews

020 7602 4522

Out of hours

All numbers above diverted to staffed mobile phones
 

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