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Abstract
(CCNMatthews - Oct. 26, 2005) - Strategy International Insurance Group, Inc. (OTCBB:SGYI) ("Strategy") announced today that it has completed the sale of $700 million of Preferred Stock of Strategy Holding Company Limited to Grupo Lakas S.A., a Panamanian corporation ("Grupo Lakas"), in exchange for a $700 million note collateralized by $900 million worth of marketable assets. Strategy Holding Company Limited has agreed to pledge theses marketable assets to its wholly owned subsidiary, Strategy Insurance Limited ("SIL"). As part of Grupo Lakas' investment in Strategy, Grupo Lakas will receive approximately seven million two-year warrants, exercisable into common stock of Strategy at an exercise price of $1.75 per share.