Transaction in Own Shares

24 August 2011

Resolution Limited (the "Company")

Transaction in own shares

Yesterday the Company purchased 932,807 of its own ordinary shares of no par value at prices between 252.1 pence per share and 260 pence per share, all of which ordinary shares are to be cancelled. This represents approximately 0.065 per cent of the Company's issued ordinary share capital.

Following the repurchase and cancellation, 1,425,656,956 ordinary shares of no par value will be in issue. There are no ordinary shares held in treasury.