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Farmington, CT, December 2, 2010 … Mr. Jerry Lynch, Chairman and CEO of General Re–New
England Asset Management, Inc. (GR–NEAM) announced that Mr. Patrick Scully has joined
GR–NEAM as a Client Strategist. Mr. Scully is responsible for delivering investment and capital
management services and products to GR–NEAM clients, reporting to Chip Clark, head of GR–
NEAM’s Client Strategy Group.

Bill Rotatori, President of GR–NEAM commented, “We are very excited to have Patrick join our
Client Strategy Group. Patrick has been successfully dealing with the unique asset allocation
and investment requirements of insurance companies for a long time. We are confident that his
knowledge and experience will be a valuable asset for us as we continue to enhance our
product and service deliverables for our clients.”

Mr. Scully has over 15 years of investment experience. Prior to joining GR–NEAM, Mr. Scully
was employed by WellsCanning, where he was a consultant, responsible for advising insurance
clients on their investment portfolios. In addition, he was the Assistant Treasurer for Tufts
Health Plan, a regional health insurance company in Massachusetts. Patrick is a graduate of
the University of Colorado with a B.A. in History, holds an M.B.A. from the Olin Graduate School
at Babson College and is a CFA Charterholder.

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GR–NEAM is an SEC-registered investment advisor that specializes in offering capital and investment management services primarily to the insurance industry. GR–NEAM is a wholly-owned subsidiary of General Re Corporation.

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations which operates under the brand name of Gen Re.

All rights reserved. This publication has been prepared solely for general informational purposes and does not constitute investment advice or a recommendation with respect to any particular security, investment product or strategy. Nothing contained herein constitutes an offer to provide investment or money management services, nor is it an offer to buy or sell any security or financial instrument. NEAM does not offer legal advice and readers should consult their own independent legal advisors before relying on any information herein. The investment views expressed herein constitute judgments as of the date of this material and are subject to change at any time without notice. Future results may differ significantly from those stated in forward-looking statements, depending on factors such as changes in securities or financial markets or general economic conditions. While every effort has been made to ensure the accuracy of the information contained herein, neither New England Asset Management, Inc. (“NEAM, Inc.”) nor New England Asset Management Limited (together, “NEAM”) guarantee the completeness, accuracy or timeliness of this publication and any opinions contained herein are subject to change without notice. This publication may not be reproduced or disseminated in any form without express written permission. NEAM, Inc. is an SEC registered Investment Advisor located in Farmington, CT. This designation does not imply a certain level of skill or training. In the EU this publication is presented by New England Asset Management Limited, a wholly owned subsidiary of NEAM, Inc. with offices located in Dublin, Ireland and London, UK. New England Asset Management Limited is regulated by the Central Bank of Ireland. New England Asset Management Limited is authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request. This is not an offer to conduct business in any jurisdiction in which New England Asset Management, Inc. and New England Asset Management Limited are not registered or authorized to conduct business.