The Travelers  
Policy No. 7FSJEX-218T033-A-92  
Issue Date: 08/06/92  

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.  

This endorsement modifies such insurance as is  
afforded by the:  

FOLLOWING FORM EXCESS LIABILITY POLICY  

EXCLUSION - ASBESTOS  

This insurance does not apply to "loss" arising out of the actual or  
alleged presence or actual, alleged or threatened dispersal of  
asbestos, asbestos fibers or products containing asbestos, provided  
that the injury or damage is caused or contributed to by the hazardous  
properties of asbestos. This includes:  

a. Any supervision, instructions, recommendations, warnings or  
advice given or which should have been given in connection with  
the above; and  

b. Any obligation to share damages with or repay someone else who  
must pay damages because of such injury or damage.