Babcock & Brown - No Impact On Assetinsure

Babcock & Brown No Impact on Assetinsure

Mr Peter Wedgwood, CEO of Assetinsure, said today: "The appointment of an administrator to
Babcock & Brown Limited does not impact on the sale of B&B Insurance Pty Ltd's shareholding in
Assetinsure". He said: "The sale is only awaiting APRA's approval".

For further information please contact Peter Wedgwood, CEO, on 02 9251 8055 or Gregor Pfitzer,
COO on 02 8274 2832.



Date: 13 March 2009.