Transaction in Own Shares

13 October 2011

Resolution Limited (the "Company")

Transaction in own shares

Yesterday the Company purchased 189,052 of its own ordinary shares of no par value at prices between 263.4 pence per share and 273 pence per share, all of which ordinary shares are to be cancelled. This represents approximately 0.014 per cent of the Company's issued ordinary share capital.

Following the repurchase and cancellation, 1,394,597,711 ordinary shares of no par value will be in issue. There are no ordinary shares held in treasury.