In the course of 2008, global financial markets faced turbulent times which resulted in several unprecedented events.

One such event was the take-over of Landsbanki Bank Icelands hf by the Icelandic Financial Authority. This action led to the suspension of payments by Landsbanki Luxembourg S.A., the majority shareholder of Lex Life and Pension S.A., and then to its liquidation on 12 December 2008.

Lex Life & Pension, as a subsidiary of Landsbanki Luxembourg S.A., was unfortunately negatively impacted by this sequence of events. In order to provide its clients with an appropriate level of service, Lex Life & Pension took several decisions and actions, including the signing of a sale and purchase agreement on 28 November 2008 for the transfer of its business and employees to Altraplan Luxembourg S.A.

For Lex Life & Pension policyholders

• If you hold assets and/or have a loan with Landsbanki Luxembourg, and would like to have more information on the situation, please go to the Landsbanki Luxembourg’s website: www.landsbanki.lu.
• If you would like to know more about Altraplan Luxembourg S.A., please go to the Altraplan Luxembourg’s website www.altraplan.com.
• If you would like to transfer your policy to Altraplan Luxembourg or require further information prior to such transfer, please contact the Middle-Office team of Altraplan Luxembourg at the following email address: info@altraplan.com.
• If you have any questions on your Lex Life & Pension policy, please contact the Lex Life & Pension team at the following email address: contact@lexlife.lu.

Lex Life and Pension S.A.	P.O. Box 1872	Tel: +352 26 89 49
2- 4, rue Beck	L-1222 Luxembourg	Fax: +352 26 19 29 96
L-1222 Luxembourg