Redemption or Purchase of Own Shares out of Capital

2006-08-292006-07-242006-07-25EC3P3DQCompanies Act 1985-0.08155751.514244EC3P 3DQThe City and County of the City of LondonTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

Pursuant to section 175 of the Companies Act 1985, the General Accident Reinsurance Limited (the “ Company ”) hereby gives notice that: The Company approved by Special Resolution of the Company passed on 24 July 2006, pursuant to section 173 of the Companies Act 1985, a payment out of capital for the purpose of acquiring 2,347,822 of its own shares by purchase. The amount of the permissible capital payments for the shares in question is £10,781,887. The Statutory Declaration of the Directors and the Auditors’ report required by section 173 of the Companies Act 1985, are available for inspection at St Helen’s, 1 Undershaft, London EC3P 3DQ, during normal business hours. Any Creditor of the Company may at any time prior to 29 August 2006, apply to the Court under section 176 of the Companies Act 1985 for an Order prohibiting the payment.