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JWLA 015 Listed Areas Including 2 nd August 2010 revisions Designed by Stephen J. JWLA 015 Listed Areas Including 2 nd August 2010 revisions Designed by Stephen J. Harris, Marsh Marine Practice Please click your mouse to progress through this quick, animated presentation. www. marsh. com

Joint War Risk Committee Areas of perceived enhanced risk JWLA 015 2 nd August Joint War Risk Committee Areas of perceived enhanced risk JWLA 015 2 nd August 2010 Underwriter’s permission MUST be obtained before vessels enter any of the following waters, areas or specified places. Underwriters may require amended terms before granting permission for vessels to proceed into the listed places or areas, or may refuse to grant cover altogether. Marsh Click to proceed. 1

Notes This presentation has been designed by Marsh after thorough review of the Joint Notes This presentation has been designed by Marsh after thorough review of the Joint War Committee circular JWLA 015, 2 nd August 2010. The Joint War Committee in London has issued revisions to the list of countries and waters that they consider pose enhanced risk to Hull War Risk underwriters. The list was last altered on 9 th June 2010 (JWLA 014). Added: Africa Eritrea, but only South of 15° N Click to see maps of the listed areas Middle East- Southern Red Sea added to Gulf of Aden (area as defined hereinafter) Named Countries shall include their coastal waters up to 12 nautical miles offshore, unless specifically varied above Named Ports shall include all facilities/terminals within areas controlled by the relevant port authorities (or as may be more precisely defined by Insurers) including offshore terminals/facilities, and all waters within 12 nautical miles of such but not exceeding 12 nautical miles offshore unless specifically stated. The diagrams shown herein are ONLY for general understanding of the JWLA 015 version of listed areas and should not be relied upon for geographical accuracy, which MUST be checked against proper nautical/Admiralty charts. Before acting on the information provided herein, please read the formal market circular dated 2 nd August 2010, available from: Joint War Committee. Suite 358 Lloyd’s, One Lime Street. London EC 3 M 7 DQ Marsh 2

The World of Perceived Enhanced Risk (Marine Hull War) Libya IVORY COAST Algeria W. The World of Perceived Enhanced Risk (Marine Hull War) Libya IVORY COAST Algeria W. Sahara NIGERIA including all Nigerian offshore installations Mauritania Niger Chad Senegal Mali The Gambia Guinea Bissau Click to see next area Burkina Faso Guinea Sierra Leone Lib Benin eri a Ivory Coast T o Ghana g o Nigeria Central African Republic Cameroon West Africa Equator Eq. Gunea Gabon Rep. of the Congo www. marsh. com Congo

The World of Perceived Enhanced Risk (Marine Hull War) GEORGIA LEBANON ISRAEL Click to The World of Perceived Enhanced Risk (Marine Hull War) GEORGIA LEBANON ISRAEL Click to see next area Black Sea and Mediterranean Area Marsh 4

IRAQ The World of Perceived Enhanced Risk (Marine Hull War) Middle East IRAQ (including IRAQ The World of Perceived Enhanced Risk (Marine Hull War) Middle East IRAQ (including all Iraqi offshore oil terminals) BAHRAIN & QATAR (excluding transits) DJIBOUTI SAUDI ARABIA (excluding transits) Southern Red Sea / Gulf of Aden The area enclosed by the following boundaries YEMEN ERITREA and Red Sea a) (but only south of 15° N) b) On the North, Latitude 15° N Gulf of Aden c) On the East Longitude 57 ° E d) And on the South, Latitude 10 ° N On the North-West, Eritrea and the Red Sea, both south of Latitude 15 ° N 57° E 15° N NEW Socotra Archipelago (Yemen) Marsh Click to see next area 10° N 5

The World of Perceived Enhanced Risk (Marine Hull War) AZERBAIJAN Arabian & Caspian Seas The World of Perceived Enhanced Risk (Marine Hull War) AZERBAIJAN Arabian & Caspian Seas CASPIAN SEA AFGHA IRAN IRAQ IRAN KUWAIT PAKISTAN Arabian Gulf Click to see next area BAHRAIN QATAR Straits of Hormuz Marsh UNITED ARAB EMIRATES PAKISTAN Click to see next area 6

65° E 57° E 15° N The World of Perceived Enhanced Risk (Marine Hull 65° E 57° E 15° N The World of Perceived Enhanced Risk (Marine Hull War) 12° N < - 250 10° N Indian Ocean Somalia AL IA n. m. - > SO M (A) < 2 5 0 n. 0° m. (B) - > < - 25 0 n . m . - > ( B ) Indian Ocean The area beyond the eastern Somalia and Gulf of Aden areas out to 65° E, south of latitude 15° N with the southern boundary being 11° S but at 49° E, the boundary shall extend due south then east along the latitude 12° S, but excluding the coastal waters of Mozambique, Kenya and Tanzania up to 12 nautical miles offshore Mombasa Dar es Salaam (A) Somalia, including waters out to 250 nautical miles from the eastern Somalia coast, south of Latitude 10° N. The following terms (A), (B) are only for the purposes of this presentation 11° S 12° S 48° E Marsh 49° E Madagascar 60° E 65° E Click to see next area 72° E 7

The World of Perceived Enhanced Risk (Marine Hull War) PHILIPPINES SOUTH EAST SOUTHERN MINDANAO The World of Perceived Enhanced Risk (Marine Hull War) PHILIPPINES SOUTH EAST SOUTHERN MINDANAO ASIA between Polloc Harbor INDONESIAN PORTS and General Santos The Malacca Straits Area KUDAT JAKARTA MALAYSIA BALIKPAPAN (out to 25 nautical miles) Sumatera (Sumatra) but only the North Eastern Coast between Polloc Harbor General Santos 5° 40’ N and 0° 48’ North TARAKAN MALAYSIA SINGAPORE INDONESIA Sulu Archipelago INDONESIA Borneo Sumatra The area enclosed between: a) b) on the Western side, a straight line between Tanjung Bidadari (5° 49′· 6 N, 118° 21′· 0 E) to position 3° 32′· 0 N, 118° 57′· 0 E Click to see on the South Eastern side, a straight line from there to position next area 5° 50′· 0 N, 122° 31′· 0 E, and thence northwards to position 7° 06′· 6 N, 122° 31′· 0 E c) on the Northern side, a straight line from there to Batorampon Point Light (7° 06′· 6 N, 121° 53′· 8 E) Java d) and on the North Western side, a straight line from there back to Tanjung Bidadari. Celebes BORNEO & SULU SEA AREAS Borneo, but only the north east coast between the ports of Kudat and Tarakan inclusive www. marsh. com

DOMINICAN REPUBLIC PUERTO RICO VIRGIN ! (UK) ANTIGUA & BARBUDA The World of Perceived DOMINICAN REPUBLIC PUERTO RICO VIRGIN ! (UK) ANTIGUA & BARBUDA The World of Perceived Enhanced Risk (Marine Hull War) CARIBBEAN SEA Venezuela, including all GUADELOUPE ISLA AVES offshore installations in the Venezuelan EEZ See red line (Ven. ) DOMINICA . . . but because of ISLA AVES (“Bird Rock”), Venezuela claims NETHERLANDS ANTILLES (Neth. ) ARUBA (Neth. ) a large EEZ ? 350 miles ? NUEVA ESPARTA (Ven. ) STE. MARIE St. LUCIA St. VINCENT BARBADOS GRENADA TRINIDAD & TOBAGO PANAMA CARACAS SOUTH AMERICA VENEZUELA GUYANA Click to conclude PACIFIC Marsh OCEAN COLOMBIA 9

The World of Perceived Enhanced Risk (Marine Hull War) For anything beyond this brief The World of Perceived Enhanced Risk (Marine Hull War) For anything beyond this brief general overview, the JWLA 015 2 nd August 2010 must be read carefully Named Countries shall include their coastal waters up to 12 nautical miles offshore, unless specifically stated otherwise. Named Ports shall include all facilities/terminals within areas controlled by the relevant port authorities (or as may be more precisely defined by Insurers) including offshore terminals/facilities, and all waters within 12 nautical miles of such, but not exceeding 12 nautical miles offshore unless specifically stated. Marsh 10

This Power. Point™ presentation is based on sources we believe reliable and should be This Power. Point™ presentation is based on sources we believe reliable and should be understood to be general risk management and insurance information only. Marsh Ltd. is authorised and regulated in the United Kingdom by the Financial Services Authority for insurance mediation activities only. §© Copyright 2010 Marsh Ltd All rights reserved. www. marsh. com