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British Security Group Limited Reports Dividend Payment

23 23 2005

Hamilton, Bermuda: September 23, 2005 - British Securities Group Limited (the "Company") has confirmed to the Bermuda Stock Exchange that on 22 March 2005 the directors of the Company declared a special dividend of $84,272,720 ($4.21 per share) to shareholders on the register as at this date. This dividend was paid in cash on 29 March 2005.

The dividend was paid from the following reserves: Contributed Surplus $82,624,464; Profit and Loss Account $1,648,256.