(4) asbestiform talc;

(5) diethylstilbestrol ("DES");

(6) any intra-uterine device ("IUD");

(7) any product containing silicone which is in any form implanted or injected in the body;

provided, however, that this Exclusion H shall not apply to actual or alleged Personal Injury or Property Damage where such Personal Injury or Property Damage is not related to the asbestos, tobacco (or other consumed portion of a tobacco product), 2,3,7,8-TCDD, asbestiform talc, DES, IUD or silicone content of goods, materials or products or completed operations. The listing of materials herein shall not give rise to an inference that Personal Injury, Property Damage or Advertising Liability attributable to other materials was neither Expected nor Intended by the Insured.

I. AIRCRAFT

Liability arising out of the design, manufacture, construction, maintenance, service, use or operation of any Aircraft or any component part or equipment thereof or any other Aircraft navigational or aviation related equipment; provided, however, that this Exclusion I shall not apply to any liability or alleged liability in respect of:

(1) Personal Injury or Property Damage arising out of Aircraft operated or used by the Insured for purposes other than Commercial Aviation Operations;

(2) the processing, distribution, sale, storage, transportation or handling of Aircraft fuel or Aircraft refueling and related operations;

(3) Personal Injury or Property Damage caused by the Insured's Products incorporated into an Aircraft which are a type or grade sold principally for purposes other than use in Aircraft or aviation;

(4) Personal Injury or Property Damage arising from a component part or equipment of an Aircraft which has not yet been incorporated into an Aircraft;

(5) Aircraft for which the Insured provides financing (including, without limitation, lease financing), provided that neither the Insured nor any affiliate, agent or representative of the Insured maintains, services, uses or operates the Aircraft or is obligated by virtue of a written contract or agreement to maintain or service the Aircraft; or

(6) liability in connection with manufacturing and associated operations in respect of Aircraft or any component part thereof or any Aircraft equipment where all Personal Injury and Property Damage giving rise to such liability take place at a manufacturing, storage or associated premises on the ground (or in connection with on the ground transportation by other than an Aircraft) and such liability and the Personal Injury, Property Damage or Advertising Liability giving rise thereto do not arise directly or indirectly out of a crash, hijacking or other circumstance in connection with the operation of any Aircraft.

J. WATERCRAFT

Liability arising out of the design, construction, maintenance, sale, manning, ownership or operation of any Watercraft, but this Exclusion J shall not apply to:

(1) Watercraft or risks listed on Schedule C hereto and any additional Watercraft acquired in the ordinary course of business during the Policy Period which are of a similar type and use as the Watercraft listed on Schedule C; provided, however, that the aggregate gross