NIG Skandia.

NIG Skandia has asked us to make clear that contrary to a statement
made in the last issue of Professional Broking (December, page 2), NIG
Skandia has not held any discussions with AXA Insurance with regard to a
possible takeover by AXA. There is no truth in any rumour that NIG Skandia
might be bought by AXA. Professional Broking is happy to set the record
straight.

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