Fortis holding has decided to discontinue and liquidate Stichting Continuïteit Fortis. Due to the recent developments and the significant changes in the organization of the Fortis Group, it is no longer in the interest of Fortis to keep the Stichting in place.

The purpose of the Stichting was to guarantee the continuity of Fortis N.V. and as such to safeguard the interests of Fortis and of all the companies belonging to the Fortis Group.

As a result of this liquidation a surplus value of approximately EUR 3.5 million in net equity will be transferred to Fortis N.V.

Fortis holding (Fortis SA/NV and Fortis N.V.) consists of (1) Fortis Insurance Belgium (2) Fortis Insurance International, and (3) financial assets and liabilities of various financing vehicles. The international insurance activities (Fortis Insurance International) are located in the UK, France, Hong Kong, Luxembourg (Non-Life), Germany, Turkey, Russia, Ukraine and in joint ventures in Luxembourg (Life), Portugal, China, Malaysia, India and Thailand. Fortis holding is not involved in banking activities.