Bryanston Insurance Company Limited

Effective date of scheme of arrangement	13 April 1994
Date of insolvency	23 March 1992
Type of appointment	Scheme of Arrangement
Scheme administrators	Paul Evans Nigel Rackham
Financial information	Last accounts filed 31 December 2005
Current payment percentage	60.61%
Key contacts	Ed Barron PricewaterhouseCoopers LLP Plumtree Court London EC4A 4HT Tel: + 44 (0) 20 7213 3398
Company background	Bryanston Insurance Company Limited ("Bryanston") was incorporated on 12 September 1978 and is a wholly owned subsidiary of GFA International Limited (In Liquidation). Its ultimate parent company is GFA Holdings Limited, a company incorporated in Guernsey. Bryanston was a participating member of the pool of underwriters managed by H S Weavers (Underwriting) Agencies Limited, known as the "Weavers Stamp" for three years from 1 January 1979. Bryanston's principal activity was the underwriting of non-marine reinsurance business, both quota share and excess of loss, mainly for ceding companies based in the USA. The classes of business underwritten included professional indemnity and product liability for manufacturers. After its withdrawal from the Weavers Stamp in 1981, Bryanston continued to write property and casualty business until September 1991. Richard Boys-Stones and Colin Bird were appointed Joint Provisional Liquidators of Bryanston on 23 March 1992. A Scheme of Arrangement ("the Scheme") became effective on 13 April 1994 and a Special Resolution designed to bring about the early closure of the Scheme was approved by Bryanston's scheme creditors and became effective on 26 June 2003. Bryanston's Scheme of Arrangement terminated on 20 January 2010 when, on instructions from the Directors, Bryanston was ordered to be wound up by the High Court. The Official Receiver was appointed as the liquidator at that time.
Next steps:	Under clause 20.6 of Bryanston's Scheme of Arrangement, "Any payment made under the Scheme to a Scheme Creditor or broker which remains uncashed and unclaimed for at least six years after the date on which the payment was posted to the Scheme Creditor or broker (as the case may be)...may at any time thereafter be paid by the Company to such bank as the Scheme Administrator shall determine and such monies shall be held by such bank on trust for the person to whom the payment was made". If you are a Scheme Creditor who has any uncashed dividends due under the Bryanston Scheme please contact the Official Receiver's Office below with relevant supporting information in order for your dividend to be re-issued: 5th Floor Zone B Official Receiver's Office 21 Bloomsbury Street London WC1B 3SS Telephone: +44 (0) 20 7637 1110 E-mail: LondonA.OR@insolvency.gsi.gov.uk Please provide the following Information The Principal ID - Your unique Scheme reference number. This can be found on your claim form or on any correspondence with PwC or Whittington Insurance Service The Scheme Creditors Name and address If the Scheme Creditors name has changed please provide supporting documentation which verifies the change of name Also please send any uncashed dividend cheques you may have or copies of any correspondence you may have had with Bryanston.

Information correct as at: August 2010

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