Transaction in Own Shares

28 June 2011

Resolution Limited (the "Company")

Transaction in own shares

On 27 June 2011, the Company purchased 675,000 of its own ordinary shares of no par value at prices between 285.3 pence per share and 290.4 pence per share, all of which ordinary shares are to be cancelled. This represents approximately 0.046 per cent of the Company's issued ordinary share capital.

Following the repurchase and cancellation, 1,457,320,332 ordinary shares of no par value will be in issue. There are no ordinary shares held in treasury.