Castelnau Group Regulatory News (CGL)

25 May 2007 07:05

Catlin Group Limited25 May 2007 RESULTS OF CATLIN GROUP LIMITED AGM VOTING HAMILTON, Bermuda - All of the resolutions proposed at Catlin Group Limited'sAnnual General Meeting, held on Thursday 24 May 2007 in Bermuda, were dulypassed by shareholders. Proxies were received in respect of 134,804,470 commonshares, representing 53 per cent of the shares in issue. The results of the proxy voting on each resolution were as follows: Resolution Votes Proxy Holder's Votes Votes For Discretion Against Withheld 1. To receive the Annual Report and 131,206,876 29,401 67,372 3,500,821 Accounts 2. To approve the Directors' 127,619,527 29,401 6,973,057 182,485 Remuneration Report 3. To re-appoint Pricewaterhouse 131,363,218 29,401 289,396 3,122,455 Coopers LLP as Auditors 4. To authorise the Board to establish 134,755,568 29,401 19,284 217 auditors' remuneration 5. To declare a final dividend 134,630,385 29,401 0 144,684 6. To re-elect Mr Stephen Catlin 134,625,623 29,401 128,300 21,146 7. To re-elect Mr Christopher Stooke 134,625,623 29,401 128,300 21,146 8. To elect Mr Alton Irby 134,769,782 29,401 217 5,070 9. To elect Mr Kenneth Goldstein 134,769,782 29,401 217 5,070 10. To authorise the Board to allot 134,763,602 29,401 11,467 0 shares 11. To disapply pre-emption rights in 134,754,569 29,401 13,648 6,852 limited circumstances 12. To authorise market purchases of 134,561,483 189,943 53,044 0 shares in limited circumstances A "Vote Withheld" is not a vote in law and is not counted in the votes "For" and"Against" a resolution. Resolutions 1-10 were ordinary resolutions, and Resolutions 11 and 12 werespecial resolutions. A copy of the resolutions has been submitted to the UKListing Authority and will shortly be available for inspection at the UK ListingAuthority's Document Viewing Facility at: Financial Services Authority25 The North ColonadeCanary WharfLondon E14 5HS Following the approval of Resolutions 8 and 9 Alton Irby and Kenneth Goldsteinhave been appointed non-executive directors of Catlin Group Limited. - ends - For more information contact: Media Relations:James Burcke, Tel: +44 (0)20 7458 5710 Head of Communications, London Mobile: +44 (0)7958 767 738 E-mail: james.burcke@catlin.com Liz Morley, Tel: +44 (0)20 7379 5151Maitland E-mail: emorley@maitland.co.uk Investor Relations:William Spurgin, Tel: +44 (0)20 7458 5726Head of Investor Mobile: +44 (0)7710 314 365Relations, London E-mail: william.spurgin@catlin.com Notes to editors: 1. Catlin Group Limited, headquartered in Bermuda, is an international specialist property/casualty insurer and reinsurer writing more than 30 classes of business worldwide through four underwriting platforms and an international network of offices. Catlin shares are traded on the London Stock Exchange (ticker symbol: CGL). More information about Catlin can be found at www.catlin.com. 2. On 18 December 2006, Catlin's offer to acquire Wellington Underwriting plc was declared unconditional. Combined, Catlin and Wellington underwrote gross premiums of US$2.7 billion during 2006 and produced net income of US$428.5 million. At 31 December 2006, Catlin's total assets amounted to US$8.8 billion and stockholders' equity amounted to US$2.0 billion. 3. Catlin's four underwriting platforms are: • The Catlin Syndicate at Lloyd's of London (Syndicate 2003) is a recognised leader of numerous classes of specialty insurance and reinsurance. The Catlin Syndicate is the largest at Lloyd's in 2007 based on premium capacity of £1.25 billion. • Catlin Bermuda (Catlin Insurance Company Ltd.), which is a leading participant in the Bermuda market, underwriting a diversified portfolio of property treaty, casualty treaty, political risk and terrorism, and structured risk coverages. • Catlin UK (Catlin Insurance Company (UK) Ltd.), which specialises inunderwriting commercial non-life insurance for UK clients through a network ofregional offices. It also writes other classes of business written by the CatlinSyndicate. • Catlin US, which encompasses Catlin's operations based in the UnitedStates. Catlin US underwrites a wide variety of specialty property/casualtyinsurance and reinsurance products from more than 15 offices. 4. Catlin's international network of offices allows the Group to diversify further its risk portfolio and to work more closely with local policyholders andbrokers. Besides its offices in the UK, US and Bermuda, Catlin operates offices in Canada, Australia, Singapore, Malaysia, Hong Kong, China, Guernsey, Germany, Belgium, France, Spain, Switzerland and Austria. This information is provided by RNS The company news service from the London Stock Exchange