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1 Jun 2006 11:00
Novae Group PLC01 June 2006 NEWS RELEASE 1 June 2006 Novae Group plc Rating for Novae Insurance Company Limited Novae Group plc is pleased to announce that it has been informed by a leadingrating agency that the operating and business plans of its new FSA-regulatedinsurance company subsidiary, Novae Insurance Company Limited (NICL), meet thestandards of an indicative Financial Strength Rating of A-. The indicative rating is conditional on NICL supplying written confirmation thatthe planned capital has been contributed to the company by the Group. NICL will commence trading on 1st July 2006. For further information: Matthew Fosh - Novae Group plc 020 7903 7300Nick Miles - M:Communications 020 7153 1535 This information is provided by RNS The company news service from the London Stock Exchange
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