Press Release

21st November 2006

CICERO CONSULTING WINS SCOTTISH WIDOWS MANDATE

Scottish Widows has mandated Cicero Consulting, the UK’s leading financial services public policy agency, to handle public affairs following a competitive three way contest.

The wide ranging brief will see Cicero Consulting support Scottish Widows across the full range of pensions, protection and savings business.

Cameron Walker, Director of Corporate Communications at Scottish Widows, said:

“After an open and highly competitive pitch process we have appointed Cicero Consulting. Their clear focus coupled with an experienced team of consultants makes Cicero the right partner for us as we look to continue to develop our existing relationships with policymakers across a range of pensions, protection and savings and investment issues.”

Iain Anderson, Director and Chief Corporate Counsel at Cicero Consulting said:

“Scottish Widows is a fantastic blue chip brand for Cicero. We are delighted to be working on a wide and exciting brief across both Government and regulatory audiences. This appointment strengthens Cicero’s reputation as the UK’s leading financial services public affairs consultancy.”

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