GRAND CAYMAN, Cayman Islands, Feb. 12 /PRNewswire/ -- Chandler Insurance
Company, Ltd., (Nasdaq: CHANF), the parent of Chandler (U.S.A.), Inc.,
National American Insurance Company (NAICO) and other subsidiary companies
based in Oklahoma, today announced that a special meeting of shareholders will
be held on Monday, March 5, 2001 in Ciudad Acuna, Mexico. Shareholders of
record at the close of business on January 31, 2001 are entitled to vote on
three proposals which constitute a going private transaction, as described in
definitive proxy materials that have been filed with the Securities and
Exchange Commission. The Company is in the process of mailing notice of the
special meeting and a proxy statement to shareholders.
SOURCE Chandler Insurance Company, Ltd.
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CONTACT:
Steve Butler, V.P. Administration of
Chandler, Cayman, 345-949-8177; or Mark Paden, Exec. V.P. & CFO
of Chandler, USA, 405-258-4228; General Information, Mike Arneth,
312-640-6734, or Diane Rohlin, 312-640-6748, Media Inquiries,
Margie Baigh, 312-640-6690, all of The Financial Relations Board
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