16 November 2004 TO ALL MEMBERS OF CLASS 7 Dear Sirs Additional Premium Areas Please be advised that in accordance with the Association’s Rule 19.3 (Class 7 War Risks), we hereby give 7 days’ notice, with effect from 24:00 hours GMT on 16 November, of the following amendment to the Additional Premium Areas. The amendment will become effective from 24:00 hours GMT on 23rd November 2004. The following area is added: (p) Ivory Coast The Additional Premium Areas will then read as follows: (a) Persian or Arabian Gulf and adjacent water including the Gulf of Oman North of 24 degrees North. (b) Israel (c) Lebanon (d) Somalia (e) Liberia (f) Sri Lanka (g) Sierra Leone (h) Red Sea Coast of Saudi Arabia (i) Republic of Yemen (j) Pakistan (k) Syria (l) Algeria (m) Egypt (excluding Suez Canal transits) (n) Indonesia (all ports/places on Sumatra, West of 98 degrees East) (o) Nigeria and the Bakassi Peninsula (p) Ivory Coast Yours faithfully A BILBROUGH & CO LTD (MANAGERS) 7:072