12 March 2010

ERGO Versicherungsgruppe AG: Squeeze-out cash settlement set at EUR 97,72 per share

Today, Munich-based Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft reconfirmed and specified its request originally made to the ERGO Versicherungsgruppe Aktiengesellschaft Board of Management on 25 November 2009 to offer remaining shareholders (minority shareholders) a cash settlement of EUR 97,72 for each individual bearer no-par share with a partial amount of the nominal capital of EUR 2,60 in return for transferring the remaining shareholders' shares (minority shareholders) of ERGO Versicherungsgruppe Aktiengesellschaft to Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich as the principal shareholder pursuant to Sections 327a et seq. of the German Stock Companies Act (squeeze-out).

A resolution on the squeeze-out is to be taken during the Annual General Meeting of the ERGO Versicherungsgruppe Aktiengesellschaft on 12 May 2010, which has not been convened yet.

Düsseldorf, 02 March 2010

Board of Management

Contact:
Dr. Alexander Becker
Tel. +49 211/477-1510

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