Scrip Dividend Calculation Price Correction

Scrip Dividend Calculation Price

15 September 2011

Resolution Limited

Scrip Dividend Calculation Price - correction

Resolution Limited (the "Company") announces a correction to the scrip dividend calculation price announced on 14 September 2011. The calculation price for the fully paid extra shares to be issued to shareholders who elect to receive the scrip dividend alternative for the 2011 interim dividend will be 244.12 pence per share.

The calculation price is the average of the middle market quotations of an ordinary share, as derived from the London Stock Exchange Daily Official List for the five consecutive dealing days starting with 7 September 2011 (the ex-dividend date for the 2011 interim dividend).

The final date for the delivery of the scrip mandate forms and dividend election input messages is 5.00pm on 23 September 2011. The payment date of the interim and the first day of dealing in the new shares is 7 October 2011.

 Details of the Scrip Dividend Scheme were sent to Shareholders on 7 September 2011. Full details and copies of the published documents are available on the Company's website at www.resolution.gg.

All Enquiries:

Resolution Limited

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

+44 (0)1481 745370