Mapfre Middlesea plc - Eligibility for Rights Issue

On 6 November, Middlesea Insurance plc revealed that shareholders as at close of trading on Monday 9 November will be eligible to participate in the recently announced Rights Issue. Subject to the approval of the extraordinary and ordinary resolutions at the forthcoming Extraordinary General Meeting scheduled for Friday 20 November and all regulatory approvals, Middlesea Insurance plc will offer those shareholders as at today 9 November, the ability to subscribe to New Ordinary Shares of a nominal value of €0.60 per share. An application will be made for the admission of the New Ordinary Shares to be admitted to the Official List during the last week of December 2009 and will rank pari passu with the existing shares.

Middlesea announced that details of the rights issue, including pricing and application period, will be communicated once they have been finalised shortly.

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