CNA Pro Selects Ambridge Partners to Service Wholesale Brokerage Market for Public Commercial Directors & Officers Coverage 1/7/2004 NEW YORK, January 6, 2004 -- Ambridge Partners LLC (“Ambridge”) announced today that it has entered into an underwriting management agreement with CNA Pro, a unit of CNA Global Specialty Lines. Effective today, under terms of the agreement, Ambridge will underwrite and service all publicly traded Commercial Directors & Officers (D&O) new business for CNA Pro submitted through wholesale brokers. Existing and renewal business currently written by CNA Pro through wholesale brokers will remain with CNA. Ambridge Partners LLC is a managing general underwriter for Transactional, Fiduciary Liability, and Management Liability Insurance. Ambridge has offices in New York, New York and Pennington, New Jersey. Transactional Insurance Products include products such as Representations & Warranties Insurance, Tax Insurance, Legal Contingency Insurance and other similar custom insurance products designed to address known or potential contingencies which have caused an impasse in the negotiations for a business transaction. For more information, please visit Ambridge Partner’s web site at www.ambridgepartners.com. Jesseman Pryor, chief executive officer of Ambridge stated, “We look forward to expanding our relationship with CNA Pro by applying our D&O expertise to the wholesale brokerage community.” “This agreement allows us to offer the wholesale channel access to an expert underwriting team that is focused on the public D&O market,” said Peter Wilson, executive vice president, CNA Global Specialty Lines. CNA Pro is a business unit of CNA which offers Management and Professional Liability insurance, including Employment Practices, Directors and Officers, Errors and Omissions, and Fiduciary liability, as well as Crime and ERISA bonds. CNA is the country’s fourth largest commercial insurance writer and the 11th largest property and casualty company. CNA’s insurance products include: standard commercial lines, specialty lines, surety, marine and other property and casualty coverages; life and accident insurance; and pension products. CNA services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation. The information, opinions, statements and materials contained on www.ambridgepartners.com are solely those of the owners of and contributors to this website and CNA disclaims any responsibilitywith respect to the foregoing [except to the extent CNA is the owner or contributor thereof]. AMBRIDGE CONTACT: Jeffrey Cowhey, 212/871-5402 CNA CONTACT: Charles M. Boesel, 312/822-2592 Katrina W. Parker, 312/822-5167