X0202 4 2005-11-28 0 0001263813 UNITED AMERICA INDEMNITY, LTD INDM 0001272070 FREUDBERG SETH DANIEL C/O UNITED NATIONAL INSURANCE COMPANY THREE BALA PLAZA EAST, SUITE 300 BALA CYNWYD PA 19004 0 1 0 0 President CEO of Non-US Ops Class A Common Shares 2005-11-28 4 S 0 100 19.10 D 14900 D Class A Common Shares 2005-11-28 4 S 0 400 19.00 D 14500 D Class A Common Shares 2005-11-28 4 S 0 400 19.00 D 14100 D Class A Common Shares 2005-11-28 4 S 0 200 19.00 D 13900 D Class A Common Shares 2005-11-28 4 S 0 100 19.02 D 13800 D Class A Common Shares 2005-11-28 4 S 0 100 19.02 D 13700 D Class A Common Shares 2005-11-28 4 S 0 100 19.02 D 13600 D Class A Common Shares 2005-11-28 4 S 0 700 19.02 D 12900 D Certain restrictions relating to the Class A Common Shares held by Mr. Freudberg were removed pursuant to a Separation Agreement entered into by and between Mr. Freudberg and an indirect wholly owned subsidiary of the Registrant. /s/ Lynne Gerber-Saionz - Attorney in Fact 2005-11-30