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Investor Presentaiton

18 2006 Highlights IAG Insurance Australia Group Direct Broking . Launch of new schemes for first direct, Renault and Alliance & Leicester Development of new online quote and buy sites for Ryanair, first direct, Alliance & Leicester, Skipton Building Society and insure.co.uk . Inclusion of insure.co.uk on confused.com aggregator . • Relocation of Contact Centre to Colchester New business volumes in December exceeded forecast, original budget and highest since March 2005. January 2007 184% up on 2006 Branch Network . • • 21 acquisitions (11 branches; 10 infills) with estimated annualised GWP of £17.8m and 36.9k policies Acquired Open + Direct Insurance Services 52% of Branch GWP with ERS by December 2006 (2002 6.4%) • 14 branches refurbished . All branches rebranded to 'Equity Insurance'
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