Berkshire Hathaway “AAA” Affirmed

August 7, 2000

The “AAA” counterparty credit and financial strength ratings on Berkshire Hathaway Insurance Group, whose members are the insurance operating subsidiaries of Berkshire Hathaway Inc. (Berkshire Hathaway), were affirmed by S&P. Concurrently, Berkshire Hathaway”s “A-1+” commercial paper and “AAA” senior debt ratings were affirmed. The rating outlook is stable.