STANDARD & POOR'S AFFIRM THE INTERNATIONAL RATING OF UNITY RE

On July, 25, 2013 Standard & Poor’s has affirmed the credit and financial strength
rating of Unity Re Ltd.

The rating is affirmed at the actual level: BB/Stable within the international scale
and ruAA/Sable within the national scale. The updated rating report of
Standard & Poor’s outlines good operating results of the company; adequate
capitalization and competitive standing within the markets of Russia and CIS;
stable, balanced and diversified clients’ base as well as balanced and very
diverse business portfolio.

The copies of rating reports in Russian and English are available at the web
sites of Standard & Poor's (www.standardandpoors.ru) and Unity Re.

Historically, the first rating was assigned by Standard & Poor’s to Unity Re
(that time, Reso Re) in 2005. In September, 2008 the rating assigned was
BB-/Stable, where the outlook was enhanced to Positive despite the world crisis
environment. In 2011, the rating of Unity Re was increased to become BB/Stable.

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