Article: Lord Lamont Joins Scottish Annuity & Life Holdings Board.

Business Editors

HAMILTON, Bermuda--(BUSINESS WIRE)--Dec. 19, 2001

Lord Norman Lamont, well-known British politician and former cabinet minister under Prime Ministers Margaret Thatcher and John Major, has joined the Board of Directors of Scottish Annuity & Life Holdings, Ltd. (Nasdaq:SCOT).

"Lord Lamont's experience, gained through a distinguished career in public service and business, will be of great benefit to us as we integrate World-Wide Reassurance into the Scottish Annuity & Life group and expand our presence internationally," said Michael C. French, Chairman and Chief Executive Officer of Scottish Annuity & Life.

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