Statement re US Events

CGNU PLC
13 September 2001


                                        
13 September 2001

CGNU STATEMENT ON THE TRAGIC EVENTS IN THE UNITED STATES

CGNU plc would like to express its sorrow at the tragic events that took place
in the United States of America on 11 September. We extend our heartfelt
sympathy to those involved.

Following these events we have reviewed our worldwide exposure to the
potential insurance claims which may arise, including accident and life
policies, business interruption, travel and some participation in aviation
insurance.


An initial estimate, after taking into account the extent and quality of the
group's reinsurance arrangements, is that CGNU's total net liability is not
expected to exceed £35 million.


Enquiries:


Analysts / Investors:

James Matthews, Head of Investor Relations         [phone]


Media:

Hayley Stimpson, Director of External Affairs      [phone]

Stuart Blackmore, Financial Dynamics               [phone]