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Re: h_man_investor post# 1655

Tuesday, 11/23/2010 10:39:54 PM

Tuesday, November 23, 2010 10:39:54 PM

Post# of 1731
Read the same thing.

Redemption of the Convertible Cumulative Participating Preferred Shares is contingent upon a change in control. Since neither liquidation nor a change in control is currently probable, the accreted dividends have not been accrued in our consolidated financial statements.

Page 22 paragraph 3

http://www.scottishre.com/pdf/SRGL_2010_Q3_Financial_Statements.pdf

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