On May 17, 2006, Global Preferred Holdings, Inc. (“Global Preferred”) transferred its remaining assets and liabilities to GPH Liquidating Trust (the “Trust”), a Delaware statutory trust formed as a liquidating trust as contemplated by Global Preferred's Plan of Complete Liquidation and Dissolution approved by the stockholders of Global Preferred on May 10, 2006. The operations of the Trust are controlled by a Stockholders' Liquidating Trust Agreement (the “Trust Agreement”) dated May 17, 2006 executed by Joseph F. Barone and Milan M. Radonich as Managing Trustees, Caryl P. Shepherd as Administrator and Wilmington Trust Company as Delaware Resident Trustee. Messrs. Barone and Radonich are also directors of Global Preferred and Ms. Shepherd is the Chief Accounting Officer and Vice President of Global Preferred. The stockholders of Global Preferred, as of June 1, 2005, are the beneficiaries of the Trust.

The transfer of Global Preferred's assets and liabilities to the Trust will permit Global Preferred to comply with the requirements of the Agreement and Plan of Reorganization Agreement, effective May 25, 2005, (the “Reorganization Agreement”) as well as the requirements for corporate dissolution under Delaware law. The Trust Agreement provides that the Trust shall proceed to liquidate the assets and satisfy the claims of creditors in accordance with Delaware law. Assets remaining after such efforts are to be distributed to the beneficiaries in accordance with the terms of the Trust Agreement and the requirements of Delaware law. The Managing Trustees may, from time to time, authorize the distribution of some or all of the Trust assets if the Managing Trustees determine that such distributions may be made in compliance with the Trust Agreement and Delaware law. The Liquidating Trust Agreement provides that the Trust will terminate on June 1, 2008, unless the final distribution to the beneficiaries has not yet been made. No assurance can be given whether any amounts deposited into the Trust will ultimately be distributed to the stockholders and, if distributed, when such distribution would occur, nor can it be certain that the amounts deposited in the Trust will be adequate to pay all claims arising with respect to the Trust and the dissolution of Global Preferred.
The information provided here is only a summary of the all of the information available. For additional information, please refer to the Form 8-K filed with the Securities and Exchange Commission on May 19, 2006 and other documents Global Preferred has filed, from time to time, including the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. You can link to the SEC website from the Investor Relations page.

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• April 5, 2005: Registration Statement on Form F-4/Proxy Statement filed by Aegon N.V.
• May 25, 2005: Global Preferred Holdings completes sale of reinsurance subsidiary to affiliate of Aegon
• July 11, 2005: Global Preferred Holdings begins distribution of assets to stockholders, files dissolution certificate with state of Delaware, closing stock transfer books, and divests its remaining subsidiaries.
• May 17, 2006: Global Preferred Announces Directors’ Resignation
• July 21, 2006: First Quarter 2006 Letter to Stockholders
• March 27, 2007: First Quarter 2007 Letter to Stockholders