RESULTS BREAKDOWN BY MEMBER CATEGORY

Detailed below is the breakdown of the voting results for the resolution to form the Chartered Actuarial Profession

Breakdown of results for the Faculty of Actuaries

Member category

Geographic location

For

Against

Total

% For

% Against

Associate

UK

8

1

9

88.89

11.11

 

Europe, ex UK

1

0

1

100.00

0.00

 

Rest of world

9

1

10

90.00

10.00

Fellow

UK

516

186

702

73.50

26.50

 

Europe, ex UK

31

19

50

62.00

38.00

 

Rest of world

149

51

200

74.50

25.50

Honorary Fellow

UK

5

1

6

83.33

16.67

 

Europe, ex UK

0

1

1

0.00

100.00

 

Rest of world

2

0

2

100.00

0.00

Total

721

260

981

73.50

26.50

Breakdown of results for the Institute of Actuaries

Member category

Geographic location

For

Against

Total

% For

% Against

Associate

UK

104

38

142

73.24

26.76

 

Europe, ex UK

11

1

12

91.67

8.33

 

Rest of world

43

11

54

79.63

20.37

Fellow

UK

2712

1097

3809

71.20

28.80

 

Europe, ex UK

243

105

348

69.83

30.17

 

Rest of world

549

201

750

73.20

26.80

Total

3662

1453

5115

71.59

28.41

Clarification

1) The Faculty vote had 13 abstentions and the Institute vote had 67 abstentions and one spoilt ballot. None of these were counted as votes cast

2) In checking the voting figures on 24 July 2009, Electoral Reform Services (ERS) and the Profession identified that two student members of the Institute had been incorrectly issued with proxy voting materials. As a consequence one proxy was returned although student members are ineligible to vote. On 24 and 27 July 2009 ERS re-checked all votes to ensure this was an isolated incident and to remove the relevant proxy. The certified voting figures as declared at the Institute SGM on 23 July 2009 have therefore had to be adjusted by one.