X0202 4 2008-02-27 0 0001263813 UNITED AMERICA INDEMNITY, LTD INDM 0001396575 Frakes Larry A C/O UNITED AMERICA INDEMNITY GROUP, INC. THREE BALA PLAZA, EAST - SUITE 605 BALA CYNWYD PA 19004 1 1 0 0 President & CEO Class A Common Shares 2008-02-27 4 A 0 16161 19.92 A 66475 D Represents the grant of restricted Class A Common Shares under the Issuer's Share Incentive Plan that vests in four equal installments 25% on January 1, 2009, 25% on January 1, 2010, 25% on January 1, 2011 and 25% on January 1, 2012. See footnote page /s/J. Nicole Pryor Attorney-in-fact 2008-02-29