Result of AGM

NBNK INVESTMENTS PLC

ANNUAL GENERAL MEETING

THURSDAY 7 APRIL 2011

Results of Proxy Voting

NBNK Investments plc confirms that the following proxy votes were received ahead of its annual general meeting held this morning.

Total valid proxies received - 37,427,766 (74.78% of the total voting rights in issue).

All proxies instructed the Chairman to vote in favour of each resolution and therefore each resolution was passed unanimously. The resolutions were:

1. To receive the audited financial statements and directors' report for the period

ended 31 December 2010

2 To elect Lord Levene of Portsoken as a director

3 To elect Sir David Walker as a director

4 To elect Lord Brennan of Bibury as a director

5 To elect Lord Forsyth of Drumlean as a director

6 To elect Lord McFall of Alcluith as a director

7 To appoint BDO LLP as auditors

8 To authorise the directors to determine the auditors' remuneration

9 To grant the directors' general authority to allot shares

10 To approve the disapplication of statutory pre-emption rights

11 To grant the company general authority to make limited market purchases of

its own shares

Resolutions 1 to 9 were proposed and passed as ordinary resolutions. Resolutions 10 and 11 were proposed and passed as special resolutions.

The above proxy vote information will be available on the Corporation's website at www.nbnkinvestmentsplc.co.uk

Issued by the Company Secretary (Law Debenture Corporate Services Limited), Fifth Floor, 100 Wood Street, London EC2V 7EX (tel: 020 7696 5285).