LOWEST RATE EVER FOR LOANS LESS THAN £4,000 AVAILABLE EXCLUSIVELY ON MONEYSUPERMARKET.COM

LOWEST RATE EVER FOR LOANS LESS THAN £4,000 AVAILABLE EXCLUSIVELY ON MONEYSUPERMARKET.COM · 6.7% APR for loans between £1,500 - £4,000 · Exclusive deal with Smile on moneysupermarket.com only moneysupermarket.com, the website where consumers can compare personal finance products and save money, is offering consumers the cheapest personal loan rate currently available in the UK market. This rate is available from Smile, via moneysupermarket.com, offering an APR of 6.7% for loans as little as £1,500 to £4,000. The loan rate is only available to consumers who apply online at www.moneysupermarket.com. Consumers have until 14th April 2003 to take advantage of this great deal. More than 6,000 people apply for personal loans each day on moneysupermarket.com. As a result moneysupermarket.com has been able to negotiate exclusive loan rates with several providers including, most recently, with the Cooperative Bank, British Gas and the AA all at 6.7% APR. Cooperative's loan is available for loans between £5,000 and £10,450 and British Gas and the AA's 6.7% APR rates are available for loans between £15,000 and £25,000. This means that four of the top five personal loans rates in the UK are only available from the moneysupermarket.com website. Richard Mason, director of loans at moneysupermarket.com, says: "With another exclusive low loan rate available exclusively through our site, I believe moneysupermarket.com is the home for personal loans and would strongly advise anyone who needs a loan to visit our loans channel before they buy elsewhere - it could save them thousands of pounds. "For a loan as small as £1,500-£4,000, the APR of 6.7% that Smile offers via moneysupermarket.com is highly competitive in this market. For example, HSBC charge an APR of 14.9% for a £3,000 loan, with the total repaid over 3 years totalling £3,690, whilst with Smile's loan at 6.7% APR, the total repaid over 3 years is just £3,310 - saving the consumer £380 by borrowing with our Smile rate. This could be good news for someone who may still have some overhang credit card debt from their Christmas spending and are looking to refinance their debt more cheaply." Below is a comparison table for a £3,000 loan payable over three years, comparing Smile's 6.7% exclusive APR with moneysupermarket.com against the APRs of the big four banks. Provider APR Rate Amount per Total Redemption type month repaid penalties Smile £3,310 Yes (moneysupermarket.co 6.7% Fixed £91.56 m exclusive) Barclayloan 13.9% Typical £101.21 £3,644 No HSBC Standard Loan 14.9% Fixed £102.49 £3,690 Yes Natwest Bank Loan 15.4% Fixed £103.13 £3,713 Yes Lloyds TSB Standard 17.9% Typical £106.33 £3,828 Yes Loan To compare personal loans as well as current accounts, credit cards, insurance plus many other products and apply online visit www.moneysupermarket.com. - ENDS - For further information please contact: Richard Mason moneysupermarket.com Tel: 01244 665700 Mobile: 07879 884529 Email: richard.mason@moneysupermarket.com Or Jane Budge / Karen Brunskill / Rebecca Mayo Lansons Communications Tel: 0207 490 8828 Email: janeb@lansons.com / karenb@lansons.com Notes to editors: About moneysupermarket.com: Moneysupermarket.com provides market wide information on mortgages, credit cards, personal loans, current accounts, utilities, savings accounts and cash ISAs and business banking. It was the first company to introduce the mortgage auction to the UK, where businesses bid for house-buyers' business. Moneysupermarket.com was launched to consumers in December 1999 by the Mortgage 2000 Group (M2). ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/07/20030407BIT01090/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/07/20030407BIT01090/wkr0002.pdf