Sant Uk.10te% Regulatory News (SAN)

16 Aug 2006 15:34

Resolution PLC16 August 2006 This announcement and the information contained herein is not for release,publication or distribution in whole or in part in or into the United States ofAmerica, Canada, Australia, Japan or South Africa 16 August 2006 Resolution plc ("Resolution") has today received formal notification that on 10August 2006 the Financial Services Authority decided to approve Resolution'schange of control application in respect of the UK life companies owned by AbbeyNational plc ("Abbey"). All regulatory pre-approval requirements in relation to the acquisition ofAbbey's UK and offshore life insurance businesses have now been met and it isexpected that completion of the transaction will take place in early September. Enquiries: ResolutionIan Maidens +44 (0)20 7489 4863 Citigroup +44 (0)20 7986 4000Chris JillingsAndrew Thompson Goldman Sachs +44 (0)20 7774 1000John RafterPaul Miller Temple Bar AdvisoryAlex Child-Villiers +44 (0)7795 425 580 This announcement is not an offer to sell or a solicitation of any offer to buythe securities of Resolution plc (the "Company", and such securities, the"Securities") in the United States or in any other jurisdiction. The Securities have not been and will not be registered under the US SecuritiesAct of 1933, as amended (the "Securities Act") and may not be offered or sold inthe United States unless registered under the Securities Act or an exemptionfrom such registration is available. No public offering of Securities of theCompany is being made in the United States. This information is provided by RNS The company news service from the London Stock Exchange