EFTA02698807

BANKMED rai\r7.7,% (SUiSST ) Phoenix Autocall on Eurostoxx Banks Index 3 Years Potential coupon 19.40% p.a. — 70% European Barrier USD INDICATIVE TERMS AND CONDITIONS Subscription period: TBD Issue date: TBD (#) Product launch is provisional upon adequate market conditions and upon obtaining a sufficient subscription amount. For information and subscriptions, please call your account officer or your Advisory desk BankMed (Suisse) SA Tel : (+ 41 22)906 06 06 Fax : (+ 41 22) 906 06 07 EFTA_R1_02059949 EFTA02698807 Rationale • European banks index is currently at the lowest level since 1987 and is down by 82.85% since 2007. We believe current situation offers a good entry point to benefit from the sector's rebound. This product offers an attractive coupon and a 30% downside protection (corresponding to never seen levels!). SX7E Index Level since 1993 SIX' 400 300 200 100 100% Autocall Level Source Bloomberg As of 15.052012 li Spot 83.23 iso II, I/ INC 70% European protection barrier (58.26) 2,3 14,,1 ="^: a R R '4 '4 t g u t u u O O O O O O O O O O Advantages • An attractive coupon payable every quarter • The memory feature greatly enhances the probability of receiving the coupons • Initial capital invested benefits from a 70% bather protection at maturity • The product can be redeemed early after three months if the underlying closes above 100% of its initial spot price at the observation dates Risks • Counterparty risk • Capital is at risk if the underlying closes below its barrier at maturity 21/05/2012 2/8 EFTA_R1_02059950 EFTA02698808 Product Description This note is USD denominated with a maximum maturity of three years. A 4.85% coupon is paid every quarter if the underlying closes above 70% of the initial spot price on the observation dates. An early redemption can occur every quarter if, on predefined dates, the underlying is at or higher than its initial level. At maturity, principal is at risk if the underlying closes below its barrier level. • Issuer: TBD • Issuer rating: Minimum AA- / Aa2 (S&P/Moody's) • ISIN/valoren: TBD • Currency: USD • Maximum tenon 3 Years • Liquidity: Daily • Issue price: 101% • Autocall level 100% • Autocall frequency: Quarterly • Coupon payment: Quarterly • Potential coupon: 19.40% p.a. • Barrier level: 70`1/0 European (Observation in fine) • Underlying: Eurostoxx Banks index (SX7E Index) Product mechanism: Coupon payment - Each quarter, if the index closes at or above 70% of its initial level on the relevant observation date, a coupon of 4.85% is paid plus all previously unpaid coupons. Early redemption - Each quarter, if the index closes at or above l00% of its initial level on the relevant observation date, the investor is automatically early redeemed. Otherwise nothing happens and product continues At maturity (in case of no early redemption) - If the index closes at or above 70% of its initial level, the investor is redeemed at 100% of the nominal - If the index closes below 70% of its initial level, the investor is redeemed at: 100% + performance of the WOE Index (S Final 1 Performance of the SX7F. Index. S Initial Sims : Closing price of the underlying on Trade Date ; mai : Closing price of the underlying on Final Valuation Date 21/05/2012 318 EFTA_R1_02059951 EFTA02698809 Simulation of returns Scenario 1: The product is below the barrier during first three quarters and early redeemed after one year 100% 70% Q1 02 Q3 lY 2Y I I 3Y Capital %._ early redeemed at 100% Coupons paid: 19.40% Scenario 2: The product is held until maturity 1Y WO" 2Y Capital redeemed at 100%; Coupons paid: 58.20% 3Y mi• 21'03 2012 4 i 6 E FTA_R 1_02059952 EFTA02698810 Scenario 3: The product finishes below its bather at maturity 1Y 2Y 3Y Capital redeemed at 60%; Coupons paid: 38.80% 21'03 2012 EFTA_R1_02059953 EFTA02698811 Subscription Form After review of the final terms and having determined that this product constitutes a suitable investment for me/us, I/we hereby instruct the Bank to subscribe in its name but on my/our behalf the following amount in the Phoenix Autocall on SX7E Index (USD) and to debit my/our account accordingly. ■ I understand that I may not receive an allocation in case of over-subscription or not sufficient subscriptions to issue the product. Also, product launch is provisional upon adequate market conditions. ■ I also confirm that I am not a US Person (US Citizen, US resident alien or US tax payer for any other reason) Phoenix Autocall on SX7E Index (USD) Account Number Amount of Investment: Date: Name: Signature: Disclaimer This material it for information purpose< only. It n not an offer to sell secuntica. ammoOahe. or other instrumcnts nor a solicitation or an off, op li t.) wcums commodities or other instronwnts. this document doca not a institute or imply any offer or commitment WhAIMItVla tin the pan of BankNled (Suisse) SA. All information, terms and pnctng forth herein are indicative and 1411*Ct TOP change without notice. Any (minions expreacd herein reflect our judgment at the date and time hereof and arc subject to change without notice. 'The information contained in this document hat been developed or taken from trade and statistical services and tither sources which we deem reliable, although no warranty is made that such information is accurate (Jr complete and it shook] err he relied upon as such. Final Penns Will i.e determined on Trask chic only and be reflected in the Final 'Faint and Conditiom which, ulutrver their language and even if different from the one of the Indicative Tams and Conditions, shall replace and supersctle such Indicative Tams and Conditions. Transwtiont of the ripe descried herein may involve a high degree of risk, and the value of such instruments may be hildily volatile. Such risks may include within,: limitation ink of advene or unanticipated market developments, risk ..(1 counterparts or issuer default and risk of dkriuidiri. In certain transactions uounterpories may low their entire investment or incur an unlimited loss. brief statement dm: not disckm all the risks and other significant (Naito in connevtion with transactions of the ripe dacirixd herein, and countcrponics should comic that they fully tusk-mini the to of the transaction, including the relevant risk factors and any legal, tax and accounting oontiderarions applicable to than, prior to transacting. This investmeni product does not qualify as an investment fund. Then:fon% it is not wpm lard Iri the Swist Financial Market Sup:trimly Authority and the Investor dots Mn hnefn mint the specific Investor protraion pnoidol under the Swiss Instilment Fund Act. 'Ilve Investor should he aware that the yak* of the invaimcnt is not solely dependent an the performance of the investment hot alui on the credinanthinca of the Issuer and that the Investor has no rccoune to any actual illtrittlIttIll% made by the Issuer. Indications relating to any unforeseen nada:cations of the conditions of Eh.: product arising the product's tents, and which were mit agreed upon contractually, shall Ire available at WWW.6211611(aCh. 21/05/2012 6 / 6 EFTA_R1_02059954 EFTA02698812