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Framed specimen Convertible Capital Bond certificate for investment in J Sainsbury (Channel Islands) Limited. Includes a Certificate of Authentication and 9 Coupons (numbers 23-31), the 'Issuer', J Sainsbury (Channel Islands) Limited,...promising to pay to the bearer on the Maturity Date (being 19 Nov 2005)...upon presentation and surrender of this Bond, the sum of £5,000 (Five thousand pounds sterling). 'Specimen' has been stamped across the certificate and coupons.