The Phoenix Holdings Ltd.

Report Publication Announcement • Aug 7, 2009

Liberty Acquisition Holdings (International) Company (Euronext: LIAC)

Anticipated Completion of Acquisition of Pearl Group Limited and Opal Reassurance Limited

Amsterdam, August 6 2009: Liberty Acquisition Holdings (International) Company announced that it anticipates that the conditions to closing for its acquisition of Pearl Group Limited and Opal Reassurance Limited will have been met by the week commencing 31st August 2009 and accordingly closing of the transaction will happen during that week. As previously announced, on completion the listing on Euronext will be maintained and the intention remains to achieve a listing on the London Stock Exchange as soon as practicable.

Liberty Acquisition Holdings (International) Company

Liberty Acquisition Holdings (International) Company is a company created to acquire businesses with principal operations outside North America through a merger, capital stock exchange, share purchase, asset acquisition, reorganization or similar transaction.

Enquiries:

Citigate Dewe Rogerson Consultancy

Anthony Carlisle

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