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Background information regarding DRUK

DRUK is authorised by the United Kingdom Financial Services Authority (the “FSA”) to effect and
carry on reinsurance business. The business originally written by DRUK consists of reinsurance
of largely UK and European cedants, which was written by DRUK in London (the “Original Business”).
The company ceased writing new business after 1993, when it entered run-off.

DRUK's parent company is Deutsche Rückversicherung AG ("DRAG"), domiciled in Germany and
regulated by BaFin. In October 2007, pursuant to a transfer approved by BaFin, DRUK assumed two
blocks of discontinued reinsurance business from DRAG (both of which were unrelated to DRAG's
core business of providing reinsurance to the German Provinzial insurance companies)
(the “Transfer”).

The blocks of business transferred to DRUK (the "Transferred Business") consist of the following:

• DRAG's participation in the Inter Community ("ICRA") pool which has been in run-off since 1980.
  DRAG was one of the lead pool members in ICRA and has custody in London of the original records.
  The ICRA business consists of UK and international reinsurance, with the majority being accepted
  through London market brokers. The business was written by ICRA in the Netherlands.
  
• DRAG's discontinued reinsurance business (underwritten for cedants unrelated to DRAG's core
  cedants, the German Provinzial insurance companies), which has been in run-off since 1993.
  This business consists of UK and international reinsurance underwritten either through brokers
  or directly. This business was written by DRAG from its head office in Germany.
  

DRUK intends to propose the Scheme in relation both to the Original Business and the Transferred
Business (collectively the “Scheme Business”), with the exception of any DRUK liability in respect
of UK compulsory insurance.