Transaction in Own Shares

30 September 2011

Resolution Limited (the "Company")

Transaction in own shares

Yesterday the Company purchased 186,543 of its own ordinary shares of no par value at prices between 249.5 pence per share and 253.4 pence per share, all of which ordinary shares are to be cancelled. This represents approximately 0.053 per cent of the Company's issued ordinary share capital.

Following the repurchase and cancellation, 1,397,976,763 ordinary shares of no par value will be in issue. There are no ordinary shares held in treasury.