Summary of this Banknote:
- Front (Obverse): Queen Elizabeth II.
- Back (Reverse): Sir John Houblon, the first Governor of the Bank of England.
- Signature: Merlyn Lowther (Chief Cashier).
- Status: This paper series ceased to be legal tender on 30 April 2014
- M02 combined with the printed signature of Merlyn Lowther identifies a specific production batch from her tenure as Chief Cashier (1999–2003)