Global Indemnity Purchases 2.9M A Ordinary Shares at $21.75 per A Ordinary Share

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Global Indemnity plc
GBLI
announced the final results of its "modified Dutch auction" tender offer, which expired at 5:00 p.m., New York City time, on June 8, 2012. Global Indemnity has accepted for purchase 2,913,464 of its A ordinary shares at a price of $21.75 per A ordinary share for a total cost of $ $63,367,842, excluding fees and expenses relating to the tender offer. Global Indemnity funded the purchase of the shares in the tender offer using cash on hand. Included within the A ordinary shares accepted for purchase are 122,578 A ordinary shares that Global Indemnity elected to purchase pursuant to its option to increase the size of the tender offer by up to 2.0% of the outstanding A ordinary shares. The depositary will promptly pay for the A ordinary shares accepted for purchase and will promptly return all A ordinary shares tendered at purchase prices above $21.75, pursuant to the terms of the tender offer. Global Indemnity purchased all A ordinary shares validly tendered at or below $21.75.
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