Epstein Secrets

Equity Sales/Middle Markets Group Financial Advisor Morgan Stanley Wealth Management 1290 Avenue of the Americas, 12th Floor I New York, NY 10104 Tel/Direct: Fax: NNILS ID ft 1326736 NOTICE: Morgan Stanley is not acting as a municipal advisor and the opinions or views contained herein are not intended

f declared, Dividends will accrue and be payable quarterly in arrears, on the 1st of March, June, September and December beginning December 1, 2016. Non-Cumulative. Redemption: At the issuer's option subject to regulatory approval: in whole or in part, from time to time, on any dividend payment date on or aft

ales/Middle Markets Group Morgan Stanley=Wealth Management Midtown Manhattan Complex 1290 Aven=e of the Americas, 12th Floor I New York, NY 10104 Tel/Direct: <tel Fax: <mailto 3 EFTA_R1_01597175 EFTA02480984 Important Notice to Recipients: Please do not use e-mail to request, authorize or effect

Perpetual Issuer:0 Royal Bk Scotland Grp Plc Par Value: 4> $1,000 S=curity Type: Preferred Stock QDI/DRD Eligible4e Yes / Yes<=> Cumulative: Non-Cumulative Rating: B1 / B+ Coupon (Details): 4> 7.64% to 9/30/2017; =hen US 3M Libor +232bp, resets Quarterly 4> 4> 4> Next Call Date: 9/30/2017, Quart

inancial Advisor Morgan Stanley Wealth Management 1290 Avenue of the =mericas, 12th Floor I New York, =Y 10104 3 EFTA_R1_01382623 EFTA02375072 Tel/Direct: +1 212 705 4521 I Fax: +1 212 705 4592 [email protected] <mailto:[email protected]> NMLS ID # =326736 NOTICE: Morgan St

, 09/26/2026, =ividends will be &nb=p; calculated at a floating annual =ate equal to &nb=p; three-month LIBOR plus, reset =uarterly,1 1% &nb=p; Non-Cumulative Payment dates: Quarterly for both the fixed =nd floating rate &nb=p; periods, commencing on =2/15/2016, in each case &nb=p; when, as and if decl