6th February 2006

Dear SunGard Customer

As a result of the recent changes within SunGard, we are pleased to share some exciting news. SunGard is bringing its family of insurance products into a single brand, SunGard iWORKS.

This single family of products will meet the growing requirements of our customers around the world for front-office tools and policy administration to back-office reinsurance, actuarial calculations, financial and investment accounting and reporting.

iWORKS represents a coordinated strategy between products to increase value for all our customers. This unified approach will help to strengthen and increase awareness for SunGard’s solutions for the insurance industry in each of the following major business lines: life/health/annuities/pensions, property and casualty, reinsurance and asset management. SunGard has more than eight products serving over 1,500 insurance customers globally.

Products that will be under the iWORKS umbrella include:

• iWORKS Amarta - Life and Annuities/Pensions Policy Administration
• iWORKS COMPASS - Group Insurance, Pension and Investment Product Administration
• iWORKS EAS - Financial Accounting and Reporting
• iWORKS EPS - Investment Accounting and Reporting
• iWORKS FrontTier - Property & Casualty Policy Administration
• iWORKS NAVIGATOR - Insurance Sales and Administration Solutions
• iWORKS ProCede - Reinsurance Management
• iWORKS Prophet - Actuarial Calculations

SunGard iWORKS will provide insurance customers with greater access to a broader range of complementary solutions and industry expertise. There will be no changes to the management structure of our business units: Gavin Lavelle continues as president of iWORKS Amarta, iWORKS FrontTier, iWORKS ProCede and iWORKS Prophet and Greg Webber continues as president of iWORKS COMPASS, iWORKS EAS, iWORKS EPS and iWORKS NAVIGATOR.

Thank you again for the confidence you have placed in our products and services. We look forward to continuing our partnership in the years ahead.

Yours sincerely

Gavin Lavelle

President

SunGard iWORKS