Other Notices
ADVERTISEMENT OF CREDITORS MEETING
In the High Court of Justice, Chancery Division, Companies Court
No 10552 of 2009
IN THE MATTER OF
DEUTSCHE RÜCK UK REINSURANCE COMPANY LIMITED
AND IN THE MATTER OF THE COMPANIES ACT 2006
NOTICE IS HEREBY GIVEN that by an order dated 12 February 2009 made in the above matter, the High Court of Justice of England and Wales (the “Court”) has directed that a meeting (the “Meeting”) of the Scheme Creditors (as defined in the proposed scheme of arrangement referred to below) of Deutsche Rück UK Reinsurance Company Limited (“DEUTSCHE RÜCK”) be convened for the purpose of considering, and if thought fit, approving (with or without modification) the scheme of arrangement pursuant to Part 26 of the Companies Act 2006 proposed to be made between Deutsche Rück and its Scheme Creditors (the “Scheme”).
The Meeting will be held at KPMG LLP, 8 Salisbury Square, London EC4Y 8BB, United Kingdom at 11.00 am (London time) on 18 May 2009.
The Court has directed that Deutsche Rück should convene a single meeting of Scheme Creditors to vote on the Scheme.
The business with which the Scheme is concerned is all reinsurance business. A full description of the business included in the Scheme can be found in the Scheme Document referred to below.
The proposed Scheme and explanatory statement (the “Explanatory Statement”) (together comprising the “Scheme Document”), the notice convening the Meeting and the Voting and Proxy Form for use at the Meeting have been circulated to all known and potential Scheme Creditors for whom Chiltington hold current contact details and to all brokers identified by Deutsche Rück as having placed business by or on its behalf.
Downloadable files of these documents are available on the Website at www.deutscherueckuk.com. If you require any further printed copies of these documents, please contact Chiltington International Limited, (“Chiltington”), the proposed Scheme Manager on the contact details below and a copy will be sent to you free of charge.
All Scheme Creditors are requested to attend the Meeting at such time and place either in person or by proxy. Registration will commence at 10.00 am and Scheme Creditors are requested to arrive no later than 10.30 am in order to register. The chairman of the Meeting will address Scheme Creditors generally on the Scheme at the commencement of the Meeting.
Scheme Creditors may attend and vote in person (or, if a corporation, by a duly authorised representative) at the Meeting. Alternatively, they may appoint another person, whether a Scheme Creditor or not, as their proxy to attend and vote in their place.
Completed Voting and Proxy Forms should be returned to Chiltington at the address below as soon as possible, and in any event, so that they are received by 5pm London time on 8 May 2009. Scheme Creditors may return their forms by post, e-mail or fax. Forms returned by e-mail or fax will only be accepted if they are legible. If completed Voting and Proxy Forms are not received by 5pm London time on 8 May 2009, they may be handed in at the registration desk prior to the commencement of the Meeting however creditors are urged to return the completed forms in advance of the Meeting.
The Court has directed that Mr Frank Atwood or, failing him, Mr Michael Walker of KPMG LLP be appointed to act as Chairman at the said Meeting and has directed the Chairman to report the result of the Meeting to the Court.
Any Scheme Creditor who is unclear about or has any question concerning the action it is required to take in order to vote on the Scheme, or would like to discuss the way in which its claims data is likely to be evaluated under the Scheme process, including the Claims Valuation Methodology, should contact Chiltington.
If approved by the requisite majorities of Scheme Creditors, the Scheme will be subject to the subsequent sanction of the Court.
Chiltington International Limited, Holland House, 1-4 Bury Street, London EC3A 5AW, United Kingdom
Tel: +(44) (0)20 7621 6354
Fax: +(44) (0)20 7621 6344
E-mail: druk@chiltington.co.uk
Contacts: David Burns and Alec MacMillan
Dated this 19th day of March 2009