White Mountains Reports Results of Shareholder Vote
rance Group, Ltd. (NYSE: WTM) Annual General Meeting of Members was held
on
May 29, 2008.
Members approved all proposals submitted to them including the following:
-- Election of Class II Directors to a term ending in 2011:
- Raymond Barrette
- Yves Brouillette
- George J. Gillespie, III
- John D. Gillespie
-- Amendments to the Company's Bye-law 62:
5% shareholder transfer restriction
-- Amendments to the Company's Bye-laws 39 and 52:
To permit the Company to utilize the new 'Notice and Access' Rules'
rules of the Securities and Exchange Commission in connection with
providing proxy materials to Members
-- Election of directors of certain of the Company's subsidiaries
-- Appointment of PricewaterhouseCoopers as independent registered public
accounting firm
Chairman and Chief Executive Officer Ray Barrette said, 'We are gratified
with the support our owners have shown us by their vote. We will continue to
strive to achieve results worthy of their confidence and continued support.'
ADDITIONAL INFORMATION
White Mountains is a Bermuda-domiciled financial services holding company
traded on the New York Stock Exchange and the Bermuda Stock Exchange under the
symbol WTM. Additional financial information and other items of interest are
available at the Company's web site located at www.whitemountains.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
This press release may contain 'forward-looking statements' within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. All statements, other than statements of
historical facts, included or referenced in this release which address
activities, events or developments which we expect or anticipate will or may
occur in the future are forward-looking statements. The words 'will,'
'believe,' 'intend,' 'expect,' 'anticipate,' 'project,' 'estimate,' 'predict'
and similar expressions are also intended to identify forward-looking
statements.