RNS Number:4366K
Norwich Union PLC
11 May 2000


POLISH GOVERNMENT ALLOWS NORWICH UNION TO CONSIDER FUTURE

Norwich Union has received permission from the Polish pension fund supervisory
authority to hold shares of its pension fund for a period of up to six months
following the date of completion of the merger of CGU plc and Norwich Union
plc in Great Britain.

During this time, CGNU plc will consider its options with regard to the sale
of the Norwich Union pensions business in Poland.

Tom Fraser, Norwich Union's executive director, international, said: "There
has been a great deal of speculation in the media in Poland about what will
happen to Powszechne Towarzystwo Emerytalne Norwich Union S.A., Norwich
Union's pension company in Poland, as CGU's subsidiary, CU Polska, is much
larger.

"We are pleased that the Government has enabled us to have a further six
months to consider our options."


Media contact: James Duffell on 01603 680874


END
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