Fortis announces the appointment of Bruno Colmant as Deputy Chief Executive Officer

Fortis announces today the decision to appoint Bruno Colmant as Deputy Chief Executive Officer. He will be responsible for Finance, Legal and the management of the legacy issues of the former Fortis. He will report to Bart De Smet, Chief Executive Officer of Fortis. Bruno Colmant's appointment will take effect on September 1st. The appointment is subject to the approval of the Banking, Finance and Insurance Commission (CBFA). In his recent positions, Bruno Colmant (48) has been CFO and executive Board member at ING Belgium, chief of staff to the Minister of Finance and CEO of Euronext Belgium. Most recently, he was a member of the Management Committee of NYSE Euronext and head of the company's Belgian market. Bruno Colmant holds a PhD in Applied Economics from Brussels University and a MBA from Purdue University (USA). Bart De Smet, CEO of Fortis: "I look forward to welcoming Bruno Colmant to Fortis holding as my deputy. This is part of our goal to further strengthen the management team. Bruno Colmant comes clearly to Fortis with excellent credentials and experience which we will leverage in a number of key areas". Further announcements on the new governance and organization of Fortis holding will be made on 27 August 2009. Fortis holding (Fortis SA/NV and Fortis N.V.) consists of (1) a 75% ownership of AG Insurance, (2) Fortis Insurance International, (3) a 45% stake in Royal Park Investments - a structured credit portfolio entity - and (4) financial assets and liabilities of various financing vehicles. AG Insurance is overall market leader and a leading player in the Employee Benefits market. The international insurance activities (Fortis Insurance International) are located in the UK, where Fortis is the third largest player in the market for private car insurance, France, Hong Kong, Luxembourg (Non-Life), Germany, Turkey, Russia, Ukraine and joint ventures in Luxembourg (Life), Portugal, with Millenniumbcp Fortis being a clear market leader, China, Malaysia, India and Thailand. Fortis currently employs over 10,000 people.