Acquisition

Amlin PLC 14 May 2004 Amlin plc For immediate release 14 May 2004 AMLIN ACQUIRES SM MARINE HOLDINGS LIMITED Amlin plc ('Amlin') announces that it has acquired SM Marine Holdings Limited ('SMH') which, through its subsidiary St Margarets Insurances Limited ('St Margarets'), is a leading UK retail yacht insurance broker. SMH had net assets of £1.42 million as at 30 September 2003. Martin Hewett, Chairman of Amlin Marine Services Limited, said: 'St Margarets is a highly regarded and established brand in the retail yacht market. This acquisition complements Amlin's existing intermediary and yacht broker business, Haven Knox- Johnston, and reinforces Amlin's commitment to the yacht insurance market in the UK.' ----------------------------------------- Enquiries: Martin Hewett, Chairman, Amlin Marine Services Ltd. 020 7746 1804 Peter Rigby, Haggie Financial 020 7417 8989 Notes for Editors: Amlin plc is a recognised leader in the London insurance and reinsurance market, providing a global client base with risk management solutions. Amlin has four business specialisms: Aviation; Marine; UK commercial; and International property and casualty insurance and reinsurance. A FTSE 250 quoted company, Amlin owns 100% of its £1bn capacity for 2004, which is written through Lloyd's Syndicate 2001, which is rated 'A' (Excellent) by AM Best. This information is provided by RNS The company news service from the London Stock Exchange
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