Greenwich Group - Managing Agents

	11 October 1999	Christopherson Heath's proposed new service company for Syndicate 218 Christopherson Heath Ltd. propose to establish a new Syndicate service company which will operate as a central conduit for all Motor and personal lines business for Syndicate 218. The service company will operate on a non-profit making basis. Trading profits arising from business placed with the Syndicate will be for the benefit of capital providers supporting Syndicate 218. The Managing Agent, which has a 25% equity share in the company, will be entitled to receive 25% of any capital profits arising from the future disposal of the whole or any part of the service company or its business.
	10 September 1999	Transfer to Cox The Board of Christopherson Heath Ltd. has agreed in principle to assume all ongoing management responsibility for Syndicates currently managed by L.G. Cox & Co. Ltd. and Cox Managing Agency Ltd. as from 31st October, 1999. As from the date of transfer, it is proposed to change the name of Christopherson Heath Ltd. to Cox Syndicate Management Ltd.