Sale of shares in Romanian company Unita

In connection with its acquisition of an approximately 88% interest in life insurer SC BCR Asigurari de Viata Vienna Insurance Group S.A.¹ and an approximately 89% interest in the non-life insurance company SC BCR Asigurari Vienna Insurance Group S.A.¹, the Vienna Insurance Group sold all of its shares in the Romanian non-life insurance company Unita to Uniqa Group. The sale was concluded on 3 November 2008.

As a result, the Vienna Insurance Group is now the market leader in Romania, represented by the following companies:

• Omniasig Vienna Insurance Group S.A.
• Omniasig Asigurari de Viata S.A.
• Asigurarea Romaneasca – Asirom Vienna Insurance Group S.A.
• SC BCR Asigurari Vienna Insurance Group S.A.¹
• SC BCR Asigurari de Viata Vienna Insurance Group S.A.¹

¹ New company name subject to approval by the appropriate executive bodies of the Company and registration of the amendment to the articles of association by the local authorities.