IN THE HIGH COURT OF JUSTICE

CHANCERY DIVISION

COMPANIES COURT

No. 4947 of 2007

In the Matter of

SWISS REINSURANCE COMPANY UK LIMITED

and

In the Matter of

SWISS RE EUROPE S.A.

and

In the Matter of

THE FINANCIAL SERVICES AND MARKETS ACT 2000

NOTICE IS HEREBY GIVEN that Swiss Reinsurance Company UK Limited (“ SRUK ”) and Swiss Re Europe S.A. (“ SRE ”) have presented an application to the High Court of England and Wales (the “ Application ”) pursuant to Part VII of the Financial Services and Markets Act 2000 (the “ FSMA ”) for an Order:

(1)	under section 111 of the FSMA sanctioning the Scheme (“ Scheme ”) for the transfer to SRE of all of the general insurance and reinsurance business carried on by SRUK (the “ Transferring Business ”); and
(2)	under section 112 of the FSMA making ancillary provisions to implement the Scheme.

A copy of the report (the “ Report ”) prepared by an independent expert, David Slater of Watson Wyatt Limited, a Fellow of the Institute of Actuaries, pursuant to section 109 of the FSMA, on the effects of the Scheme on the policyholders of SRUK and SRE and a copy of a statement setting out the terms of the Scheme and containing a summary of the Report (the “ Summary ”) will be made available free of charge to anyone requesting such copies from the date of publication of this notice until the date on which the Scheme will be heard before the Court by contacting SRUK by telephone on + 44 20 7933 4499 or in writing at 30 St Mary Axe, London, EC3A 8EP (marked for the attention of the Transfer Team). A copy of the full Report and the Summary can be viewed at www.swissre.com/partvii.

All claims in relation to the Transferring Business currently being dealt with by or on behalf of SRUK will, after the proposed transfer, be handled by or on behalf of SRE. Future claims arising under the policies of insurance and reinsurance included in the Transferring Business will be similarly dealt with by or on behalf of SRE. The proposed transfer will secure the continuation by or against SRE of any legal proceedings currently pending by or against SRUK that relate to the rights and obligations in respect of the Transferring Business.

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 15 November 2007, and any person, including any employee of SRE or an employee engaged in the Transferring Business, who claims to be adversely affected by the carrying out of the Scheme, may appear at the time of the hearing in person or by Counsel and/or by making written representations. Any person who intends so to appear, and any policyholder of SRUK or SRE who dissents from the Scheme but does not intend so to appear, should give no less than five clear days’ notice prior to the hearing date in writing of such intention or dissent, and the reasons relating thereto, to the Solicitors named below.

Herbert Smith LLP of Exchange House, Primrose Street, London EC2A 2HS. Solicitors for SRUK. (Ref: 2067).

17 August 2007