CGNU Revised Reporting Dates

CGNU PLC
5 July 2001



CGNU ANNOUNCES REVISED REPORTING TIMETABLE

In the light of the recent disposal of its US general insurance operations,  
and the consequent increase in the long-term savings proportion of the Group's
business, CGNU plc ('CGNU') has decided to change its communication of 
financial and operating information to the market. Commencing with the third 
quarter of this year, the Group  will discontinue the practice of full first  
and third quarter reporting. The Group will continue to  provide quarterly
long-term savings new business information and will release market briefings 
on any key operational and financial developments as and when appropriate.

CGNU believes that half-yearly accounts statements are more appropriate for 
long-term savings businesses, consistent with many of its peers in financial 
services. In the first and third quarter, the Group will provide an enhanced 
level of disclosure of its new business long-term sales information, including
new business margins, market developments and sales environment.

The third quarter long-term savings new business announcement will be released
on 25 October 2001 and full-year results will be released on 27 February 2002.


Enquiries:

Analysts/Investors:
James Matthews, Head of Investor Relations      [phone]

Media:
Hayley Stimpson, Director of External Affairs   [phone]
Alex Child-Villiers, Financial Dynamics         [phone]


Notes to Editors

* CGNU is the world's sixth-largest insurance group and the largest insurer in
  the UK. It has worldwide premium and investment sales from ongoing business 
  of £27 billion and more than £210 billion in assets under management.
* The most recent financial reports are available on the Group's website, 
  www.cgnu-group.com