SCHEDULE 4NOTES TO ANNUAL ACCOUNTS

Particulars of businessI128

1

Subject to sub-paragraph (2) below, there must be disclosed as regards both general and long term business the total gross direct insurance premiums resulting from contracts concluded by the society:

a

in the member State of its head office;

b

in the other member States; and

c

in other countries.

2

Disclosure of any amount referred to in sub-paragraph (1) above would not be required if it does not exceed 5 per cent. of total gross premiums.