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[SCPIE HOLDINGS INC. LETTERHEAD]
April 23, 1997
Dear Shareholder:
Within the past few weeks you should have received in the mail from us a proxy
packet that included an Annual Report and a proxy card asking for your vote on
two matters. In the event that you have not yet voted, received the packet or
inadvertently misplaced or discarded the proxy card, we are providing you with
a proxy fax sheet with this cover letter.
Please take 30 seconds to vote on the two proposals listed. For your
convenience you can mark the attached proxy sheet and fax it back to us at
(800) 750-5858.
If you have not yet returned your proxy card, I thank you for your attention to
this matter. If you have already voted or are no longer a shareholder of SCPIE
Holdings Inc., please disregard this request.
Sincerely,
/s/ MITCHELL S. KARLAN, M.D.
----------------------------------
Mitchell S. Karlan, M.D.
Chairman, Board of Directors
P.S. If you are unsure if you've already returned your proxy ballot, please
vote via this proxy fax. All duplicate votes will not be counted by the
inspectors of election.
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SCPIE HOLDINGS INC.
PROXY FOR ANNUAL MEETING OF STOCKHOLDERS, MAY 8, 1997
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF
SCPIE HOLDINGS INC.
The above signed stockholder(s) of SCPIE HOLDINGS INC. (the "Company")
hereby constitutes and appoints Mitchell S. Karlan, M.D., Wendell L. Moseley,
M.D., and Donald J. Zuk, and each of them, attorneys and proxies of the above
signed, each with full power of substitution, to attend, vote and act for the
above signed at the Annual Meeting of Stockholders of the Company to be held at
the Sheraton Grande Hotel, 333 South Figueroa Street, Los Angeles, California
90071 on May 8, 1997, at 3:00 p.m., Pacific time, and at any adjournment or
postponement thereof, according to the number of shares of Common Stock of the
Company which the above signed may be entitled to vote, and with all the powers
which the above signed would possess if personally present, as indicated above.
THE PROXIES ARE DIRECTED TO VOTE AS SPECIFIED ABOVE. EXCEPT AS
SPECIFIED TO THE CONTRARY ABOVE, THE SHARES REPRESENTED BY THIS PROXY WILL BE
VOTED FOR ALL NOMINEES LISTED AND FOR PROPOSAL 2.
The above signed revokes any prior proxy at such meeting and ratifies
all said attorneys and proxies, or any of them, may lawfully do by virtue
hereof. Receipt of the Notice of Annual Meeting of Stockholders and Proxy
Statement is hereby acknowledged.
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Mark, sign, date and fax to 800/750-5858
Shareholder Name
THE BOARD OF DIRECTORS OF SCPIE HOLDINGS INC. Please mark
RECOMMENDS THAT YOU VOTE FOR PROPOSALS 1 AND 2. your vote as
indicated in [X]
this example
PROPOSAL 1: ELECTION OF DIRECTORS
FOR all nominees WITHHOLD EXCEPTIONS
listed to the right AUTHORITY
(except as marked to vote for all nominees
to the contrary) listed to the right
[ ] [ ] [ ]
Nominees: Allan K. Briney, M.D., Willis T. King, Jr., Harriet M. Opfell, M.D.,
Reinhold A. Ullrich, M.D.
To withhold authority to vote for any individual nominee, mark the "Exceptions"
box and write that nominee's name in the space provided below.
_______________________________________________________________________________
PROPOSAL 2: To ratify the appointment of Ernst & Young LLP as independent
accountants for the Company for the fiscal year ending December 31, 1997.
FOR AGAINST ABSTAIN
[ ] [ ] [ ]
In their discretion, the proxies are authorized to vote upon such other
business as may properly come before the meeting.
IMPORTANT: Please sign exactly as your name appears
above. If a corporation, please sign in full corporate
PROXY FAX name by the president or other authorized officer. If a
partnership, please sign in partnership name, by an
SCPIE HOLDING INC. authorized person. Each joint tenant should sign.
Dated: ____________________________________ 1997
________________________________________________
Signature of Shareholder
________________________________________________
Signature if held jointly
PLEASE MARK, SIGN, DATE AND FAX THIS PROXY PROMPTLY.
