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UPDATED ON: Tuesday, November 30, 1999

The Economical Insurance Group:

Gerald A. Hooper,

From The Globe and Mail

Gerald A. Hooper, C.A.

Peter H. Sims, Chairman of the Board of Economical Mutual Insurance Company, is pleased to announce the appointment of Gerald A. Hooper to the Board of Directors of Economical Mutual Insurance Company.

Mr. Hooper is Senior Vice President, Chief Financial Officer and a Director of Schneider Corporation. He is actively involved in the Kitchener-Waterloo community and has served on many committees including those of the Grand River Hospital and the University of Waterloo.

The Economical Insurance Group is one of the largest property and casualty insurers in Canada with more than $800 million in premium volume and over $1.6 billion in assets. Based in Waterloo, Ontario, this Canadian-owned and operated company services customers' needs through branches and service offices across the country.


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