Acquisition

1 Feb 2008 10:04

Hampden Underwriting Plc01 February 2008 1 February 2008 Hampden Underwriting Plc ("Hampden Underwriting" or the "Company") Acquisition of corporate member The Company announces that it has acquired a small corporate member of Lloyd's for a consideration of approximately £150,000. The 2008 underwriting capacity of the corporate member is approximately £300,000. Jeremy Evans, a Hampden Underwriting director, said: "We are pleased to have made this acquisition which, although small, adds to the underwriting capacity we acquired at last year's auctions and is the first implementation of our stated strategy of acquiring corporate members as suitableopportunities arise". For further information please contact: Hampden Underwriting Jeremy Evans 020 7863 6567 Smith & Williamson Azhic Basirov 020 7131 4000Corporate Finance Limited David Jones Joanne du Plessis This information is provided by RNS The company news service from the London Stock Exchange