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Tower lapse offer


MEDIA RELEASE
28 October 2010

Tower lapse offer

Fidelity Life has received advice that Tower has decided not to proceed with its takeover offer for Fidelity Life.

Fidelity Life did say originally that in its view the offer was inappropriate and unhelpful and is therefore pleased with this development.

Fidelity Life recognises that Tower has made this decision having reviewed its published, audited accounts which demonstrates the very strong continued performance of the Company.

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