Last July 2006

Transtec

The investigation covers PricewaterhouseCoopers, the former auditors of Transtec, as well as former Transtec directors who are chartered accountants. Complaints have been laid against PricewaterhouseCoopers (and its predecessor, Coopers & Lybrand) and a partner.

Semple Cochrane

The investigation covers Deloitte & Touche ("D&T") and its predecessor Rutherford Manson Dowds ("RMD"), the former auditors of Semple Cochrane plc, as well as former Semple Cochrane directors who are chartered accountants. Complaints have been laid against D&T; three individual chartered accountants who are partners in D&T or were partners in RMD; and a former Chief Executive and Finance Director of Semple Cochrane.

Equitable Life Assurance Society

The investigation covers Ernst & Young, the former auditors of the Equitable Life Assurance Society. Ernst & Young sought to stay the investigation by bringing proceedings for judicial review in the Administrative Court. These were dismissed, and an appeal to the Court of Appeal was abandoned. Complaints have been laid against Ernst & Young, a partner and a former partner. The Executive Counsel has decided not to lay Complaints against a former Equitable director and a former Equitable manager, both of whom are chartered accountants.

The Independent Insurance Group plc

The investigation covers KPMG, the former auditors of the Independent Insurance Group plc, as well as former Independent directors and employees who are chartered accountants.

London International Group plc and SSL International plc

The investigation covers Andersen, the former auditors of London International Group plc and SSL International plc, as well as former directors and employees of both companies who are chartered accountants.

The Enron Corporation

The investigation covers a former Enron director who is a chartered accountant.