Mapfre Middlesea plc - Extraordinary General Meeting

On 8 February 2010, Middlesea Insurance plc announced that it will be convening an Extraordinary General Meeting on Tuesday 16 March 2010. During the EGM, shareholders will be asked to approve amendments to the Company’s Memorandum and Articles of Association. The changes will be made in order to better reflect the new shareholding structure following the Rights Issue process last December which resulted in Bank of Valletta plc and Mapfre Internacional increasing their shareholding to 31.077% each. Following the approved changes to the Memorandum and Articles of Association which will be detailed in an appropriate Agenda and Circular to shareholders in the coming weeks, the shareholders at the EGM will also be possibly asked to elect new members on the Board of Directors should an election be required.

Moreover other amendments being proposed will include a number of changes required by the Listing Rules and the updating of other provisions.

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