21 April 2005 TO ALL WAR RISKS MEMBERS Dear Sirs Additional Premium Areas We are pleased to be able to report improvements in the list of Additional Premium Areas in force. In accordance with the Association’s Rule 19.3 (Class 7 War Risks), the following amendments to the areas listed in the Association’s circular dated 28 January 2005, will become effective from 24:00 hours GMT on 22 April 2005. The following areas are deleted: (j) Pakistan. (m) Egypt (excluding Suez Canal transits). The Additional Premium Areas remaining in force at that juncture will read as follows: (a) Persian or Arabian Gulf and adjacent water including the Gulf of Oman North of 24 degress North. (b) Israel. (c) Lebanon. (d) Somalia. (e) Liberia. (f) Sri Lanka. (g) Sierra Leone. (h) Red Sea coast of Saudi Arabia. (i) Republic of Yemen. (j) Syria. (k) Algeria. (l) Indonesia (all ports/places on Sumatra, West of 98 degrees East). (m) Nigeria and the Bakassi Peninsula. (n) Ivory Coast. Yours faithfully A BILBROUGH & CO LTD (MANAGERS) 7:075