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Re: twk000jester post# 6129

Monday, 11/17/2008 7:43:24 PM

Monday, November 17, 2008 7:43:24 PM

Post# of 10201
Restrictions on the transfer of Trenwick shares

This clause applies to Trenwick America. Does this also apply to TWKGQ?


Trenwick's bye-laws provide that a majority of all of the Trenwick
directors must approve any transfer that will cause any shareholder other than
an investment company to hold more than 5% of the outstanding share capital of
the company, or any shareholder that is an investment company to acquire 10% or
more of the outstanding common shares of the company.

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