Redemption or Purchase of Own Shares out of Capital

2006-08-292006-07-242006-07-28TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,


Pursuant to article 185 of the Companies (Northern Ireland) Order 1986, the Ulster Marine Insurance Company Limited (the “ Company ”) hereby gives notice that:-

The Company approved by special resolution of the Company passed on 24 July 2006 pursuant to article 183 of the Companies (Northern Ireland) Order 1986 a payment out of distributable reserves and capital for the purpose of acquiring 1,990,000 of its own shares by purchase.
The amount of the distributable reserves and permissible capital payment for the shares in question is £1,990,001.
The statutory declaration of the directors and the auditors’ report required by article 183 of the Companies (Northern Ireland) Order 1986 are available for inspection at 5 Donegall Square South, Belfast during normal business hours.
Any creditor of the Company may at any time prior to 29 August 2006 apply to the court under article 186 of the Companies (Northern Ireland) Order 1986 for an order prohibiting the payment.