NATIONAL EMPLOYERS’ MUTUAL GENERAL INSURANCE ASSOCIATION LIMITED

(in liquidation) (“NEMGIA”) Notice is hereby given that the Liquidators of NEMGIA intend to declare a Seventh and Final Dividend to the Creditors of the Company within 4 months of 30 November 2004. Creditors who have not submitted claims to the Liquidators of NEMGIA, 8 Salisbury Square, London EC4Y 8BB, by 30 November 2004 will be excluded from this Dividend. Forms of proof of debt may be obtained from the Liquidators or from policyholders’ brokers. 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 Seventh and Final 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. T A Riddell, Joint Liquidator 26 October 2004.