Corporate | 4 April 2005 17:12

Allianz AG: Mario Greco resigns

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— Mario Greco resigns Mario Greco has announced his resignation as Chairman of the Board of Management of Riunione Adriatica di Sicurtà S.p.A. (RAS). Allianz AG is the majority shareholder in the RAS Group with a 55.5 percent stake. The Administrative Board of RAS will reach a decision on the successor to Mr. Greco at its next meeting. Mario Greco joined RAS in 1995, where he was appointed to the Board of Management in 1996 and Chairman of the Board of Management in 2000. Mario Greco had been designated to join the Board of Management of Allianz AG in May 2005. Mr. Greco will take up a new post outside the Allianz Group. “We would like to thank Mr. Greco for his significant achievements and wish him all the best for his career change in Italy,” comments Detlev Bremkamp, responsible for Europe II in the Board of Management of Allianz. Munich, April 4, 2005 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 information contained herein. No duty to update The company assumes no obligation to update any information contained herein. end of message, (c)DGAP 04.04.2005 —————————————————————————— 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 041712 Apr 05