Petitions to Transfer Business

In the High Court of Justice

Chancery Division              No. 5032 of 2006

In the matter of

SEB TRYGG LIFE (UK) ASSURANCE COMPANY LIMITED

and in the matter of

SEB LIFE (IRELAND) ASSURANCE COMPANY LIMITED

and in the matter of

PART VII OF THE FINANCIAL SERVICES AND MARKETS ACT 2000

Notice is hereby given that application has been made dated 14 July 2006 to Her Majesty’s High Court of Justice by the above-named SEB Trygg Life (UK) Assurance Company Limited (“SEB Life UK”) and SEB Life (Ireland) Assurance Company Limited (“SEB Life Ireland”) for:

1.  the sanction of the Court under Part VII of the Financial Services and Markets Act 2000 (“the Act”) to a Scheme (“the Scheme”) for the transfer of a part of the long-term insurance business (as defined in the Scheme) (“the Transferred Business”) carried on by SEB Life UK to SEB Life Ireland; and

2.  an Order under section 112 of the Act making ancillary provision for implementing the Scheme.

Copies of the report on the terms of the Scheme prepared by an independent expert in accordance with section 109 of the Act and of explanatory documents (being a letter to policyholders, a question and answer leaflet and an explanatory booklet) setting out the terms of the Scheme and containing a summary of the independent expert’s report will be sent free of charge to any person who requests them from SEB Trygg Life (UK) Assurance Company Ltd or by telephoning +44 (0)20 8597 7566 on any weekday (excluding bank holidays) between 9.00 am and 5.00 pm.

The application is directed to be heard before a Judge of the Chancery Division at the Royal Courts of Justice, Strand, London WC2A 2LL on 8 September 2006. Any person (including any policyholder of SEB Life UK or SEB Life Ireland or any employee of SEB Life UK or SEB Life Ireland) who claims that he or she would be adversely affected by the carrying out of the Scheme may appear at the time of the said hearing in person or by legal representative and express their views. Any person who intends so to appear is requested to give not less than two clear days’ prior notice in writing of such intention and of the reasons therefore to the solicitors named below. Any person who does not intend to appear at the Court hearing but wishes to make written representations about the Scheme should address them to the solicitors named below at least two clear days prior to the date of the hearing.

Maclay Murray & Spens

One London Wall, London EC2Y 5AB.

(Ref. EJP)

18 July 2006.