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Pre-Closing Statement

19 Dec 2005 08:25

FBD Holdings PLC19 December 2005 19th December 2005 Companies Announcement Office, The Irish Stock Exchange, 28 Anglesea Streeet, Dublin 2 PRE-CLOSING STATEMENT In a pre-closing statement released to the Stock Exchange today, FBD Holdingsplc said: "FBD has traded strongly in the year to date. In relation to 2005 earnings, the Company is comfortable with marketexpectations. Looking ahead, we remain focused on growing market share in our coreunderwriting activity, and on maximising the competitive advantages of ourdirect sales business model. In the Irish insurance market, price competitionis continuing. As we noted in our interim statement, this will drive thecombined ratio to European norms in due course." For Reference Telephone FBD Philip Fitzsimons, Chief Executive 01 4093200 Andrew Langford, Finance Director Murray Consultants Joe Murray 01 4980300 This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange This information is provided by RNS The company news service from the London Stock Exchange
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