WHITE MOUNTAINS INSURANCE GROUP LTD — Director's Dealing 2012

Dec 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
CIK: 0000776867
Period of Report: 2012-11-30

Reporting Person: Frinquelli Angelo Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-30	Common Shares	G	300	—	Disposed	541	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	700	Indirect
Common Shares	100	Indirect
Common Shares	300	Indirect

Footnotes

F1: Reflects gift of 200 Common Shares from the Reporting Person on November 30, 2012.

F2: Reporting Person is the sole shareholder of Renaissance Fund Advisors Inc.