euro adhoc: WIENER STÄDTISCHE Versicherung AG Vienna Insurance Group / Financial Figures/Balance Sheet / Wiener Städtische Versicherung AG Vienna Insurance Group (Vienna Insurance Group) IFRS Figures

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Financial Figures 2006

29.03.2007

Please note: this is a translation; only the German version of this
release is legally binding.

Record profit (before tax) - increase by approx. 34 percent to EUR
321 million

Group's premiums grow by nearly EUR 900 million to approx. EUR 5.9
billion

CEE share in Group's premiums totaling approx. 38 percent, in the
property/casualty insurance business approx. 52 percent

CEE premiums to surpass EUR 2 billion mark for the first time

Dividend increase by approx. 25 percent planned

OVERVIEW OF KEY GROUP DATA IN THE YEAR 2006 *:

In 2006, the Vienna Insurance Group posted an increase of 17.4
percent, achieving a total of EUR 5.88 billion in consolidated
premiums written (without other insurance participations) as compared
to the previous year.

(Including other insurance participations, non-consolidated premiums
written amounted to EUR 6.12 billion in the business year 2006. This
is 17.0 percent up from the previous year.)

The Group's profit (before tax, consolidated) rose by EUR 80.63
million to EUR 320.97 million in 2006. This is again a significant
increase of 33.5 percent as compared to the Group's profit (before
tax) in 2005. It is remarkable that this profit was achieved in spite
of the increased expenses for claims incurred caused by snow pressure
and flooding.

It will be suggested to the competent corporate bodies to increase
the dividend by 16 cent to 82 cent per share. This is approximately
25 percent up from last year's dividend.

At 96.9 percent, the combined ratio of the Group after reinsurance
(not considering investment income) was clearly below the 100 percent
mark in 2006 again. Particularly in view of the growing number of
losses caused throughout Europe by acts of God (in 2006, snow
pressure and flooding), the continuation and optimization on a
Group-wide basis of active claims management and selective risk
underwriting is of decisive importance in this area.

The financial result was improved by 18.3 percent compared to 2005,
attaining EUR 716.45 million.

The expenses for claims incurred rose by 16.4 percent to EUR 4.21
billion.

As of December 31, 2006, the total investments of the Group amounted
to EUR 19.60 billion. This constitutes an increase of 15.8 percent.

* These figures are subject to an audit to be performed by the
auditors and approval by the supervisory board of the Vienna
Insurance Group. Companies that have been acquired only recently are
not included in the Group premiums of the Vienna Insurance Group.

Wiener Städtische Versicherung AG
Vienna Insurance Group
A-1010 Wien, Schottenring 30
ISIN: AT0000908504

You will also find this press release on
http://www.wienerstaedtische.at under Ad-hoc News

end of announcement euro adhoc 29.03.2007 07:25:09
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ots Originaltext: Wiener Städtische Allgemeine Versichererungs AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
WIENER STÄDTISCHE Versicherung AG
Vienna Insurance Group
Barbara Hagen-Grötschnig, MBA
Corporate Communications
Schottenring 30, 1010 Vienna
Tel.: +43 (0)50 350-21027
Fax: +43 (0)50 350 99-21027
E-Mail: b.hagen@staedtische.co.at

Branche: Insurance
ISIN: AT0000908504
WKN: A0ET17
Index: ATX Prime, ATX, WBI
Börsen: Wiener Börse AG / official market


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