Bulletin: LA000017

Dear Associates,

Stewart Title received approval from the Louisiana Department of Insurance for the following new endorsement and rate.

Additional Insured Endorsement

This endorsement provides for the naming of an additional insured; provided the insured agrees to the following underwriting requirements:

Underwriting Requirements:

1. When issuing this endorsement, the original policy is not to be updated.

2. The original policy should not be modified or amended to contain any language which is intended or may be construed as an update of the policy.

3. This endorsement excludes from coverage matters which would be disclosed by an examination of title, and it also excludes:

a. Failure of the added insured to acquire an insurable interest in the land; and

b. Any defect, lien, or encumbrance attaching by reason of the acquisition of the estate or interest in the land by the added insured.

Charge: $50.00

This new form and rate will become effective August 1, 2006.

Thank you for your business and please callJohn Hall at 1-800-209-4675 x4 or Wayne McDonald at x3 with any questions.