Merger of CGU plc ("CGU") and Norwich Union plc ("Norwich Union")

The Scheme of Arrangement effecting the merger of CGU and Norwich Union became effective today, Tuesday 30th May 2000.

The Scheme of Arrangement effecting the merger of CGU and Norwich Union became effective today, Tuesday 30th May 2000.

In accordance with the terms of the merger, and with effect from today's date:

1. CGU has changed its name to CGNU plc,

2. The following individuals are appointed directors of the Company:

  George Paul Deputy Chairman
  Richard Harvey Deputy Group Chief Executive
  Philip Scott Group Executive Director, responsible for UK Life
  Mike Biggs Group Executive Director, responsible for UK General
  Guillermo de la Dehesa Non Executive Director
  Sir Michael Partridge Non Executive Director
  Alan Perelman Non Executive Director
  Elizabeth Vallance Non Executive Director

3. The following directors retire from the Board of CGNU:

  Louise Botting  
  Sir Tim Lankester  
  The Rt. Hon. Lord Lang of Monkton  
  Peter Ward  

Queries:

Richard Whitaker
Group Company Secretary
CGNU plc
(020) 7662 2051

ENDS