Corporate | 14 May 2004 07:26

Allianz AG – Group Key Figures 1. Quarter 2004

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– Allianz AG – Group Key Figures 1. Quarter 2004 1. Quarter 2003 1.Quarter 2004 Group Key Figures Net income (in mio. Euros) -546 675 Shareholders’equity ( in bill. Euros) 28.6(1) 29.81 Key figures by lines of business Insurance Statutory premiums(2)(in bill. Euros) 25.1 25.0 Combined ratio (3) (in %) 97.7 95.8 Banking (4) Net revenues(5)(in Mio. Euros) 1,893 1,664 Net loan loss loan provision (in mio. Euros) -351 -135 Administrative expenses (in mio. Euros) -1,479 -1,354 Asset Management Third party assets under management 553 598 (in bill. Euros) (1) Year end 2003 (2) including premiums from investment products in life insurance (3) property and casualty (4) Dresdner Bank – contribution to banking segment of Allianz Group (5) net interest income and net fee and commission income and net trading income These assessments are as always subject to the disclaimer provided below. Cautionary Note Regarding Forward-Looking Statements Certain of the statements contained herein may be statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words ‘may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue’ and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Group’s core business and core markets, (ii) performance of financial markets, including emerging markets, (iii) the frequency and severity of insured loss events, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults (vii) interest rate levels, (viii) currency exchange rates including the Euro-U.S. dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The matters discussed herein may also involve risks and uncertainties described from time to time in Allianz AG’s filings with the U.S. Securities and Exchange Commission. The company assumes no obligation to update any forward-looking statement. No duty to update The company assumes no obligation to update any information contained herein. end of message, (c)DGAP 14.05.2004 ——————————————————————————– WKN: 840400; ISIN: DE0008404005; Index: DAX-30, EURO STOXX 50 Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; EUREX; Swiss Exchange; London; Paris; NYSE 140726 Mai 04