Castelnau Group Regulatory News (CGL)

26 May 2005 07:03

Catlin Group Limited26 May 2005 RESULTS OF CATLIN GROUP LIMITED AGM VOTING HAMILTON, Bermuda - All of the resolutions proposed at Catlin Group Limited'sAnnual General Meeting, held Wednesday 25 May 2005 in Bermuda, were dulyapprovedby shareholders. Proxies were received in respect of 116,884,203 common shares,representing 76% of the shares in issue. The results of the proxy voting on each resolution were as follows: Resolution Votes Proxy Votes Votes For Holder's Against Withheld Discretion 1 To receive the Annual 107,050,583 1,703 1,101,808 7,945,335 Report and Accounts 2 To approve the 110,748,917 1,703 1,887,252 3,461,557 Directors' Remuneration Report 3 To reappoint 115,819,164 1,703 278,562 0 Pricewaterhouse Coopers LLP as auditors 4 To authorise the Board 116,004,727 1,703 92,999 0 to establish auditors' remuneration 5 To declare final 116,097,726 1,703 0 0 dividend 6 To re-elect Mr Alan 99,822,918 1,703 3,237,212 16,101,612 Bossin as a Director 7 To re-elect Mr Michael 102,657,687 1,703 2,160,824 14,343,231 Eisenson as a Director 8 To authorise the Board 116,097,726 1,703 0 0 to allot shares 9 To dis-apply 105,350,116 1,703 0 10,747,610 pre-emption rights in limited circumstances 10 To authorise market 116,004,727 1,703 0 92,999 purchases of shares in limited circumstances Resolutions 1-8 were ordinary resolution and Resolutions 9 and 10 were specialresolution. A copy of the resolutions has been submitted to the UK ListingAuthority 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 - ends - For more information contact:Media Relations:James Burcke, Head of Communications Tel: +44 (0)20 7458 5710 Mobile: +44 (0)7958 767 738 Email: james.burcke@catlin.com Liz Morley,The Maitland Consultancy Tel: +44 (0)20 7379 5151 E-mail: emorley@maitland.co.uk Investor Relations:William Spurgin, Head of Investor Relations Tel: +44 (0)20 7458 5726 Mobile: +44 (0)7710 314 365 Email: william.spurgin@catlin.com Notes to editors: 1. The Catlin Group, headquartered in Bermuda, is an international specialist property/casualty insurer and reinsurer writing more than 30 classes of business worldwide. Catlin wrote gross premiums of US$1.43 billion and reported record net income of US$154.1 million in 2004. Catlin shares are traded on the London Stock Exchange (ticker symbol:'CGL'). 2. The Catlin Group operates three underwriting platforms: • The Catlin Syndicate at Lloyd's (Syndicate 2003). The Catlin Syndicate is the eighth largest syndicate at Lloyd's based on 2005 premium capacity of £500 million. It is a recognised leader of numerous classes of specialty insurance and reinsurance. • Catlin Bermuda (Catlin Insurance Company Ltd.). Catlin Bermuda began underwriting in 2002 and writes property treaty and casualty treaty reinsurance and property and casualty insurance for US risks on a surplus lines basis. • Catlin UK (Catlin Insurance Company (UK) Ltd.). Catlin UK specialises in writing commercial property, general liability, professional indemnity, directors' and officers' liability and commercial crime insurance for UK clients. It also writes other classes of business written by the Catlin Syndicate. All three Catlin Group underwriting platforms have been assigned 'A' (Excellent) financial strength ratings by A.M. Best Company. The Catlin Group also operates subsidiaries located in the Houston and New Orleans in the US, as well as in the UK, Canada, Germany, Belgium, Singapore, Malaysia and Australia. These subsidiaries allow Catlin to work more closely with local clients and their brokers. 3. The Catlin Group's website can be found at www.catlin.com. This information is provided by RNS The company news service from the London Stock Exchange