S&P Announces April 20 Telephone Conference

April 20, 2004

Standard & Poor’s Ratings Services announced that it will hold a telephone conference call on Tuesday April 20th, 2004, at 2:00 p.m. UK Time, 3:00 CET and 9:00 EDT to discuss the 2004 outlook for European insurance and reinsurance groups.

“As the 2003 earnings reporting season has closed for major European insurers and reinsurers, Standard & Poor’s is holding this teleconference to highlight our key expectations and rating drivers for 2004,” said the announcement. “There will be a presentation by Hans Wright, European Insurance Quality Officer, followed by an opportunity to address questions on European insurers to our senior analysts based across Europe.”

S&P gave the following details for connecting to the conference:
— LIVE UK Dial-in number: 0845 146 2002
— LIVE International Dial in number: +44 (0) 1452 569 114
— LIVE US Toll Free Dial in Number: 1-866-389-9776

The call will begin promptly at the time indicated. Please call at least 15 minutes before the scheduled start of the call to complete the pre-call registration process. Participants will be asked to provide their name, company, telephone number and e-mail address. The entire call will last approximately one hour, and after brief presentations by the analysts, participants will be able to ask questions directly about this topic.

Replays: Recorded replays of the call are made available about an hour after the call concludes. This recording is available until Tuesday April 27, 2004. Callers will be asked for their name, company, e-mail and telephone number.
— UK Replay number: 0845 245 5205
— International replay: +44 (0) 1452 550 000
— US Toll Free replay number: 1-866-247-4222

Replay Access Number – 1274525 followed by the # key

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