Investor Presentaiton

5 Acquisition History Acquisitions Acquisition of "Right to Renew" equity REDSTAR 1976 Lion/Charter Motor Synd. 495 1978 Kinloch Motor Syndicate 82 1994 Service Motor Syndicate 979 1982 Trinity Motor Syndicate 999 1995 Dominion Insurance Co. 1987 Red Star Motor Syndicate 675 1995 Lion Insurance Co. 1987 Barbican Motor Syndicate 325 1996 UF GI Insurance Co. 1990 Beacon Motor Syndicate 81 1997 East West Insurance Co. 1991 Mitre Motor Syndicate 195 2002 Crowe Motor Syndicate 963 1992 HGP Motor Syndicate 560 2006 1999 Shead Motor Syndicate 866 Legal & General Ins Co - motor policies

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