NATIONAL EMPLOYERS’ MUTUAL GENERAL INSURANCE ASSOCIATION LIMITED (“NEMGIA”)

Notice is hereby given that the Liquidators of NEMGIA intend to declare a fourth interim Dividend to the Creditors of the Company within four months of 7th December 1999. Creditors who have not submitted claims to the Liquidators of NEMGIA, PO Box 730, 20 Farringdon Street, London EC4A 4PP, England, by 7th December 1999, will be excluded from this dividend. Forms of proof of debt may be obtained from the Liquidators or from policyholders’ brokers. Australian Creditors who participated in prior Dividends and who remain satisfied with the amount their claim is admitted for do not need to take any further action. They will automatically receive the fourth interim Dividend when it is declared. As regards NEMGIA’s former branches in Cyprus and Malta, Creditors should contact the local Liquidator (or similar appointed person) to establish claims. Only to the extent that UK Dividends exceed local percentage distributions will Creditors be entitled to participate in distributions from UK funds. A. J. McMahon, Joint Liquidator 2nd November 1999.