Corniche Group Partners With Reliance INTEGRAMARK For Home Warranty Coverage.

EULESS, Texas--(BUSINESS WIRE)--May 27, 1999--

Corniche Group Inc. (OTC BB:CNGI) announced today that it has received a letter of intent from Reliance INTEGRAMARK (REL) to provide contractual liability coverage for its Home Warranty Program to be marketed on the company's Internet site, www.warrantysuperstore.com.

The Home Warranty Program is the next in the list of service contract options that the Corniche Group is offering via its e-commerce website, the Warranty Superstore. With the Home Warranty Program, coverage options will be available for appliances, heating and cooling systems, plumbing and electrical systems. Since April, Reliance has been providing contractual liability coverage for Warranty Superstore vehicle service contracts.

"The home warranty coverage agreement with Reliance INTEGRAMARK shows our continued commitment to provide solid insurance protection for our Internet service contracts," said Bob Benoit, executive vice president and chief operating officer of Corniche. "Because of this agreement, Internet consumers in more than 40 states will be able to apply for cost-effective coverage and protection for most mechanical systems in their homes."

Reliance INTEGRAMARK is the newest addition to Reliance Group Holdings (NYSE: REL - news), providing fee income programs through financial institutions and dealers. The Reliance Group provides a broad range of commercial property/casualty and accident coverage, as well as health insurance coverage and risk management services in the United States and internationally to more than 100 countries.

Meanwhile, the Warranty Superstore site has already enjoyed extensive exposure since its spring grand opening. According to Internet traffic numbers, more than 400,000 have trekked through the company's site in less than a month.

The Corniche Group is an e-commerce company that furnishes affordable service plans conveniently and directly to the consumer via its website, www.warrantysuperstore.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: To the extent that this news release makes statements about the future, such statements are forward looking and subject to a number of risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results and other risks, detailed from time to time in the Company's filings with the Securities and Exchange Commission. These risks could cause the Company's actual results from the current fiscal year and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. No assurance can be made that the maximum or minimum amount of the shares to be offered pursuant to the offering will be sold.