Ecclesiastical Insurance Office PLC 28 July 2005 For immediate release 28 July 2005 Ecclesiastical Insurance Office plc Result of Meeting 10 per cent. Redeemable Second Cumulative Preference Shares EIO announces that, earlier today, the class meeting of holders of its £3,000,000 10 per cent. Redeemable Second Cumulative Preference Shares ("Second Prefs") approved the Extraordinary Resolution contained in the notice of meeting to redesignate the Second Prefs into, principally, new 8.625 per cent. Non-Cumulative Irredeemable Preference Shares ("Irredeemables"), on the basis of £9 nominal of Irredeemables for every £10 nominal of Second Prefs. The settlement date of the redesignation is expected to be 4 August 2005. Copies of the Extraordinary Resolution have been submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at: UK Listing Authority The Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS Tel. No. 020 7066 8333 Enquiries: George Prescott, Ecclesiastical Insurance Office plc, 07802 263038 Francis Burkitt, JPMorgan Cazenove, 020 7155 4924 ENDS This information is provided by RNS The company news service from the London Stock Exchange