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Policyholder Update 4 August 2009

Dear Policyholder,

I thought you would wish to know that Aviva has decided to publish a legal opinion from its advisers about the inherited estate and related matters. While this is available on the Aviva fund transfer site, for your convenience we have added it to our own site. It may be found in the section 'More detail' http://www.policyholderadvocate.org/more-detail as Appendix 25 A, headed 'Aviva's Legal Opinion'.

Yours faithfully

Jonathan Haslam