Investor Presentaiton

Telematics and insurance Norwich Union Pay As You Drive IAG Insurance Australia Group • Two products: Young drivers (18-23); Low mileage drivers (24-65) Mobile phone style bills with: · -A tariff for each type of road and price per mile that increases for after 11 pm and in the morning rush hour. -A tariff per daily mileage for driving abroad. An estimate is quoted at the outset based on the mileage data you provide. Upfront cost is £50 installation fee (done by sister company RAC) and part of the base premium. Charge also made to take the blackbox out. Monthly charges comprise a portion of the rest of the base premium, plus usage premium and any other flat rate charges. There is an optional £1.99 fee per month for itemised billing. Other add-ons are SatNav (£9.99 pm) and traffic camera alert (£9.99 pm/£16.99 pm for both options combined). 47 17 NORWICH UNION an AVIVA company "Pay As You Drive" ™ insurance

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