AROPE’s results in 2004

Member of Blom group, Arope Insurance displayed remarkable performances in 2004 despite adopting additional new reserves:

• Premium amount : 24. 68 million USD (+73 %)
• Net profit : +8 %
• Shareholders' equity : +20% with a 20.39% return on equity funds
• Total assets : 41.6 million USD (+53%)
• Solvency ratio 4 times as high as required by the supervising authority.