Trading Update

9 November 2010

GABLE HOLDINGS INC

("Gable" or "the Company" or "the Group")

Trading Update

Gable Holdings Inc (AIM: GAH), the European insurance company, is pleased give an update on a strong four months since its interim results to 30 June 2010, ahead of its year end to 31 December 2010.

The first half of the year was a period of consolidation and continuation of business growth and this, together with stronger market conditions, has continued into the third quarter. In particular:

·; UK construction: premium written performing ahead of last year and indication that rates are starting to harden

·; France Artisans: continued strengthening of brand and premium written

·; All new products, introduced in the last quarter of 2009 and during 2010, starting to achieve traction in their respective market places

William Dewsall, Chief Executive, Gable Holdings Inc, commented: "The Board is confident that we will conclude the year in line with market expectations. With our focus on providing quality bespoke products across the UK and European markets we are in a strong position to continue to perform well, endorsed by continued growth across all sectors."

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