Redemption or Purchase of Own Shares out of Capital

Companies Act 19852001-01-032001-01-10TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

Pursuant to section 175 of the Companies Act 1985, Sirius (UK) Insurance Limited (“the Company”) hereby gives notice that: (a) the Company has approved a payment out of capital for the purpose of acquiring £17 million of its own Ordinary Shares by purchase; (b) the amount of the permissible capital payment for the shares in question is £17,000,000 and was approved by a Special Resolution of the Company passed on 3rd January 2001, pursuant to section 173 of the Companies Act 1985; (c) the Statutory Declaration of the Directors and the Auditors report, required by section 173 of the Companies Act 1985, are available for inspection at the Company’s registered office; and (d) any Creditor of the Company may, at any time prior to the date falling 5 weeks after the date of the Resolution for payment out of capital, apply to the court, under section 176 of the Companies Act 1985, for an Order prohibiting the payment. Registered office of the Company: Third Floor, Marlon House, 71-74 Mark Lane, London EC3R 7RH.