Investor Presentaiton

Churchill FACTS £1.23bn GWP in 2005 - £622m GWP from motor insurance in 2005 22 22 - £541m GWP from household insurance in 2005 Acquired by RBS in 2003 Direct to consumer brand through above the line and below the line marketing Major above the line campaign in force - Challenge Churchill Source: Datamonitor 2006 Split of book 2005 Personal pecuniary loss 5.3% Private motor 50.6% IAG Insurance Australia Group Household 44.1%

View entire presentation