New Chairman and strengthened governing body for banking activities

Fortis has recomposed the Management Committee of Fortis Bank, which oversees the worldwide banking activities of Fortis, and is pleased to announce the appointment of Filip Dierckx as new Chairman of this Management Committee. Filip Dierckx succeeds Herman Verwilst, who has held this position since Fortis Bank was established and who, as previously announced, will succeed Jean-Paul Votron as Chairman of the Fortis Bank Board of Directors. The Board of Directors of Fortis Bank is responsible for setting general policy for the banking activities.

In order to streamline the global banking operations and to be able to respond swiftly to new developments, the Fortis Bank Management Committee is now composed of people directly responsible for businesses and support services. The members of the Management Committee are:

Filip Dierckx*, Chairman

Camille Fohl*, CEO Retail Banking

Lex Kloosterman*, CEO Asset Management & Private Banking

Brigitte Boone, CEO Commercial & Investment Banking

Fred Bos, Chief Risk Officer

Michel Deboeck, Chief Human Resources Officer

Frans van Lanschot, CEO Specialised Finance

Lars Machenil, CFO

Lieve Mostrey, COO

Robert Scharfe, CEO Markets

Peter Vandekerckhove, CEO Retail Banking Belgium

Chris Vogelzang, CEO Private Banking

The Secretary General of the Fortis Bank Management Committee is Christian Van der Stichele.

These appointments have been approved by the Fortis Bank Board of Directors, the Extraordinary Shareholders' Meeting of the Bank and the Belgian regulatory authorities. They will take effect on 1 January 2008.

*Member of the Fortis Group Executive Committee

Attachment: picture of Filip Dierckx

Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 40.3 billion (30/11/2007), Fortis ranks among the 15 largest financial institutions in Europe. Our sound solvency position, our presence in over 50 countries and our dedicated, professional workforce of 60,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available at www.fortis.com.