European Reliance General Insurance Company SA (the Company), with a view to the smooth operation of the market, makes the following announcement in response to recent publications in the online press that " picture " the Company:

The Company and, to the best of our knowledge, its shareholders, have not signed any agreement with anyone regarding the possible transfer of its shares. The Company, in accordance with its established principles, will act in accordance with the law and without delay, informing the investing public and all interested parties, if and when the relevant conditions for an announcement are met.