The judge sitting in summary proceedings in Amsterdam ruled on Friday 26 June 2009 that Fortis holding will receive a double guarantee from Fortis Capital Company (FCC) and Fortis Bank Nederland (Holding) - FBN(H) - as security for its compensation claim against Fortis Capital Company (FCC).

Firstly, FCC and FBN(H) guarantee that they will not make any payments under the Subordinated Note, other than payment for holders of the remaining preference shares.

Secondly, FBN(H) will guarantee with its assets an amount up to the value of the Subordinated Note in order to satisfy any judgement against FCC in respect of Fortis Holding's claim for compensation.

As previously announced, Fortis has decided to initiate immediate proceedings on the merits of the case to obtain compensation.

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.