Admiral Group PLC
03 February 2005
ADMIRAL GROUP PLC
Notice of Preliminary Results for the Period Ended 31 December 2004
Admiral Group plc will be announcing its preliminary results for the period
ended 31 December 2004 on Monday 21 March 2005.
There will be an analyst presentation on the results at 10.30am on 21 March 2005
at Financial Dynamics, Holborn Gate, 26 Southampton Buildings, London WC2A 1PB.
Those analysts wishing to attend are asked to contact Robert Bailhache at
Financial Dynamics on +44 20 7269 7200 or at robert.bailhache@fd.com.
The presentation will be accessible via a conference call for those unable to
attend in person. To register to participate in the conference call, please also
contact Robert Bailhache at Financial Dynamics on +44 20 7269 7200 or at
robert.bailhache@fd.com.
A web cast of the presentation will be available following the meeting on the
Admiral website at www.admiralgroup.co.uk.
For further information, please contact:
Admiral 029 2043 4224
Louisa Scadden
Financial Dynamics 020 7269 7200
Robert Bailhache
About Admiral
Admiral is a fast growing financial services intermediary with a track record of
profitability. Admiral principally sells private motor insurance and ancillary
products, such as cover for breakdown, roadside assistance and legal expenses.
Admiral markets directly to the public in the UK through its four core brands:
Admiral, elephant.co.uk, Diamond, and Bell.
The Group also offers customers online quotes through its brand Confused.com,
the UK's first insurance aggregator. Unlike other brands, Confused.com does not
sell insurance. Visitors to Confused.com's website fill out their details once
online and Confused.com finds the cheapest quotes available on the internet from
its large panel of insurers.
Admiral's motor insurance is underwritten primarily by third party insurance
providers, with Admiral controlling all pricing and underwriting decisions and
administration. Admiral also retains a proportion (presently 25%, net of
co-insurance and quota share reinsurance) of the private motor underwriting for
its own account.
Admiral was admitted to the Official List of the London Stock Exchange on 28
September 2004 following a Global Offer of Ordinary Shares to institutional
investors that was more than seven times subscribed. On 20 December 2004 the
Company became a constituent of the FTSE 250 index. The Ordinary Shares trade
under the ticker symbol ADM.L.
This information is provided by RNS
The company news service from the London Stock Exchange
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