NOTICE OF APPROVAL OF TRANSFER OF BUSINESS

Notice is hereby given, pursuant to section 49 of the above Act that HM Treasury has approved a transfer of all general business incepting or written during the 1995, 1996, 1997 years of account and between 1st January 1998 and 30th June 1998 from The Copenhagan Reinsurance Company (U.K.) Ltd to The Copenhagan Reinsurance Company Limited—UK Branch, excluding direct insurance in connection with a risk situated in a Member State of the European Union other than the United Kingdom. HM Treasury, London