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									22nd February 2006

Resolution and AWD Moneyextra in financial advice partnership

Resolution, the largest specialist manager of in-force UK closed life funds, announces its
second financial advice partnership aimed at providing customers with improved service and
support.

Resolution has teamed up with AWD Moneyextra to offer its Britannic customers access to
financial advice. This will make it easy for those customers to get information and advice on
their financial needs through a professional advisory firm.

Britannic, which closed to new business in 2003, has 2.4 million policies. Many of these were
sold through a direct sales force and policyholders may not have had access to financial
advice since the sales force closed. AWD Moneyextra offers a simple, customer-friendly
approach to financial advice, mainly delivered over the phone, which will be made available
to Britannic customers with a need for the service, where they do not have an existing
adviser relationship.

Prior to its merger with Britannic in September 2005 to form Resolution plc, Resolution Life
Group entered into a similar arrangement with Origen, the UK IFA subsidiary of AEGON, for
its Phoenix (formerly Royal and Sun Alliance) customers. This relationship will continue to
offer access to advice for Phoenix customers, as part of the ongoing commitment to deliver
enhanced services to closed life funds customers. The new deal provides a similar service to
Britannic customers.

Paul Thompson, Group Chief Executive of Resolution plc said “I am pleased to announce
our partnership with AWD. AWD Moneyextra has been selected following a rigorous
process to find the most suitable advice partner for Britannic. This demonstrates yet again
our commitment to ensuring that all our customers are well looked after. Access to financial
advice is essential to help customers make well informed financial decisions.”

Mark Fleet, Managing Director of AWD Moneyextra, commented: “We are looking forward to
being able to help, guide and advise Britannic’s policyholders. AWD Moneyextra is
committed to providing each customer with appropriate, relevant and consistently high
quality independent financial information and advice. Together we look forward to helping
customers meet the challenge that all individuals in the UK face - the growing need to take
more responsibility for the security of their financial future.”

For further information please contact:

Resolution plc
Adam Walton, Head of Customer Strategy                     +44 (0) 7980 817656
Julia Mackisack, Head of Policyholder Communications       +44 (0) 1564 202672

Temple Bar Advisory Limited
Alex Child-Villiers                                        +44 (0) 7795 425580



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                                            Notes to editors

Resolution

Resolution was formed in September 2005 from the merger of Resolution Life Group Limited
(RLG) and Britannic Group plc (Britannic). Resolution is the largest specialist manager of in-
force UK closed life funds, with approximately 6 million policies and combined life company
assets of £35 billion.

Other recent customer initiatives from both RLG and Britannic include:

•       A series of actions to improve benefits payable on conventional with-profits policies
       written in Swiss Life UK’s Industrial Branch* and Ordinary Branch* with-profits funds
       to ex Swiss Life UK policyholders

•      In February 2005 Resolution contracted Phoenix policyholders back into the State
       Second Pension.

•      In the second quarter of 2004 Britannic carried out a review of its customer services
       processes as part of its Treating Customers Fairly initiative and introduced Treating
       Customers Fairly awareness training, new improved customer facing processes,
       monthly internal monitoring and quarterly externally conducted customer feedback
       surveys.

•      In December 2004 Resolution gave Phoenix with-profit bond holders’ transparency
       and flexibility in exercising 10-year guarantees.


*      Industrial Branch - Life insurance where premiums are collected by an insurance company agent at
       the policyholder΄s home, at intervals of less than two months, often for a relatively small amount. Whole
       life and Endowment contracts are the only types of business written in the Industrial Branch.

       Ordinary Branch - Life insurance and pensions business where the premiums are usually paid through
       the banking system by cheque, standing order or direct debit.

                                       www.resolutionplc.com


AWD Moneyextra

AWD Moneyextra is a unique combination of an impartial multi-award winning personal
finance website, a mortgage brokerage and an advice centre staffed by qualified
independent financial advisers. Providing a full range of information and market-leading
financial products and services, its aim is to inform and assist UK consumers about how to
manage their finances effectively and save them money.
In the face of increasing challenges to all individuals to take more responsibility for the
security of their financial future AWD Moneyextra provides 21st century solutions to 21st
century problems, offering help and advice to customers, via a phone based advice centre
and through an online presence.



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AWD Moneyextra regularly wins awards for the quality of its services. In 2005 it won:
   •   Best Financial Advice Site, Online Finance Awards
   •   Online Broker of the Year, Mortgage Strategy/Pink Home Loans Service Awards
   •   Financial Services Technology Project of the Year, CNET Networks UK Technology
       Awards
   •   Best Use of Technology, National Business Awards Southeast region
AWD Moneyextra is a trading name of AWD Moneyextra Limited which is authorised and
regulated by the Financial Services Authority (FSA). AWD Moneyextra Limited is a wholly
owned subsidiary of AWD Group plc, a member of AWD Holding AG, Europe’s premier
independent financial services group. AWD Group is amongst the largest Independent
Financial Advisers in the country, it has twenty nine offices across the UK, staffed by 400
professionally qualified advisers.

                                  www.moneyextra.com




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