New ATE Premiums

14 June 2012

Gable Holdings Inc

("Gable" or "the Company")

New UK ATE Programmes

Gable Holdings (AIM: GAH.L), the European non-life insurance company, announces new After The Event ("ATE") insurance programmes in the UK for approximately £3 million in annualised gross premiums. The programmes consist of the following:

·; direct ATE, whereby Gable provides insurance for commercial litigation disputes, indemnifying either plaintiff or defendant in the event that the litigation is unsuccessful; and

·; a new pecuniary loss product, providing a litigation fund with protection in the event of failure of recovery in the fund's independent ATE cover.

Commenting on the agreements, William Dewsall, Chief Executive of Gable Holdings, said:

"We continue to win strong lines of new business, particularly in our shorter tail products which we believe will continue to grow in the UK and in our European territories. Our ATE product continues to win new clients in this growing market where demand continually outstrips supply and where we are in a strong position to meet our clients' requirements with our high service levels and our innovative products."

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About Gable Holdings Inc

Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in the UK, France, Norway and Spain. Gable benefits from a low-cost online underwriting platform and the Company has continued to successfully grow its business geographically whilst simultaneously exploiting a range of niche insurance segments which exist across the EU, which is delivered through the EU passporting mechanism.

Gable Holdings Inc is quoted on the London Stock Exchange's AIM market. For further information please visit www.gableholdings.com.