Full Year 2008 Earnings Release

Full Year 2008 Earnings - Resilient operating performance in a challenging environment

• Strong underlying earnings of Euro 4 billion, above FY06 level, notably benefiting from an increased contribution from our
• Property & Casualty business with a record combined ratio level of 95.5%
• A solid balance sheet, with solvency, debt and liquidity positions at comfortable levels
• Resilient revenues with continued high positive net inflows in Life and Savings (above Euro+8 billion) as well as more than 1 million net new individual contracts in Property & Casualty