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24 May 2007

PRESS RELEASE

London, 24 May 2007

ARISTA EYES NORTHERN EXPANSION

Commercial lines underwriting organisation Arista is planning to expand into the north of
England following its rapid growth further south in the past 6 months.

The company is already engaged in discussions with a variety of independent regional and local
brokers.

Arista’s Deputy Chief Executive, Lyn Carslake, said: “Riding on the back of our trading success
through the Southampton, Redhill and Bristol offices we are now looking to broaden our
regional Network to incorporate brokers situated further North. We currently have a wide range
of commercial products and are constantly expanding our product range to support the needs of
our brokers’ commercial clients.

Our lack of system and process legacies has allowed us to focus on creating unique trading
solutions to support the needs of Regional Independent Brokers. Added to this, our underwriters
will be local, and thus understand the risks facing our customers and can therefore deliver
superior customer service to our brokers and their clients.

Arista, launched last year by Charles Earle and Deputy CEO Lyn Carslake, supported by a
strong team of experienced professionals from a number of large UK insurance companies, is
focusing on broker serviced commercial business in the UK and intends to arrange agencies
with a select panel of independent brokers throughout 2007. In the medium to long term Arista
will have the capacity to write in excess of £250 million worth of business.

Ends

Notes to Editors:

Arista

Arista is a commercial insurance provider specialising in property, liability and motor
classes of business, solely dealing with independent insurance brokers. Arista offers
brokers a genuine chance to work with an insurance provider that will design its
processes around theirs in an effort to reduce their frictional costs. An effective flexible
IT platform is a key fundamental in delivering modern processes. For those brokers
who work with Arista, the company delivers an improved bottom line and a responsive
market staffed by people with experience, technical knowledge and a willingness to see
the broker as a customer.