X0303 4 2007-03-06 0000776867 WHITE MOUNTAINS INSURANCE GROUP LTD WTM 0001324265 Tolman Gary Charles C/O WHITE MOUNTAINS INSURANCE GROUP, LTD 80 SOUTH MAIN STREET HANOVER NH 03755 0 1 0 0 Pres & CEO - Esurance Common Shares (restricted) 720 D Common Shares 415 D Common Shares 2 I By son Common Shares 872 I By IRA Phantom Shares (Deferred Compensation) 2007-03-06 4 A 0 370 A Common Shares 370 370 D Phantom Share are convertible into Common Shares on a 1 for 1 basis. The Phantom Shares were acquired on March 6, 2007 in connection with the Reporting Person's election to defer receipt of an incentive compensation payment. Each Phantom Share was acquired at the fair value of a Common Share on the date of acquisition. The Phantom Shares are held in a deferred compensation account and are payable in cash upon the earlier of the date when the Reporting Person ceases to be an employee of the Company or its subsidiaries or a date certain selected by the Reporting Person. Jason R. Lichtenstein, by Power of Attorney 2010-02-26