Century Indemnity Co.

August 24, 2006

Congoleum Corp. filed a voluntary petition seeking relief under Chapter 11 of the United States Bankruptcy Code, to resolve claims asserted against it related to the use of asbestos in its products several years ago. Century Indemnity has agreed to pay $16.95 million to a trust set up for asbestos related claims. (Aug-22-06)

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