'Solid results' for Brit Insurance

FINANCIAL HIGHLIGHTS

· Return on equity for the six month period of 12.1% (30 June 2006: 11.9%), annualised 24.2% (23.8%)

· Profit before tax £106.8m (30 June 2006: £106.0m)

· Profit before tax and before exchange adjustments arising from the IFRS treatment of non-monetary items £110.5m (30 June 2006: £118.5m)

· Investment return up 50.5% to £55.7m (30 June 2006: £37.0m). Minimal exposure to sub-prime

· Earnings per share 23.53p (30 June 2006: 22.99p)

· Net tangible assets per share up 6.8%