Mandatory notification of trade


In connection with the allocation of share options to employees announced earlier today, the following primary insiders were granted:

Ola Lorentzon 18,000 share options; new holding 68,000 share options

Kate Blankenship 9,000 share options, new holding 33,000 share options

Tom E. Jebsen 7,500 share options, new holding 27,500 share options

Hamilton, Bermuda,

January 22, 2001