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Swinton/Budget FACTS • Largest chain of brokers in the UK - 260 branches Owned by MMA Swinton purchased Budget branches only £151.8m brokerage from Swinton and Budget branches £2m advertising spend in 2005 Budget (non branch) brokerage in 2005 was £88.4m IAG Insurance Australia Group - Strong affinity deals through Junction brand (post Office and M&S) SMART PEOPLE Swinton BUDGET 34 Source: Insurance Times Top 50 Brokers July 2006, Equity

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