Corporate | 12 May 2006 07:28

ALLIANZ AG: Key figures 1st Quarter 2006

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— [Eur m] 1Q 2006 1Q 2005 Total revenues (Euro bn) 29.6 28.3 Operating Profit 2,677 1,887 -Property-Casualty 1,386 1,214 -Life/Health 723 517 -Banking 547 229 thereof Dresdner Bank 529 209 -Asset Management 304 231 -Corporate -180 -267 -Consolidation Adjustments -103 -37 Income before income taxes & minority 3,031 2,255 interests Income taxes -899 -585 Minority interests in earnings -353 -346 Net income 1,779 1,324 -Property-Casualty 1,100 996 -Life/Health 534 379 -Banking 666 579 thereof Dresdner Bank 658 571 -Asset Management 90 30 -Corporate -239 -238 -Consolidation Adjustments -372 -422 Earning per share (basic) (Euro) 4.39 3.50 Ratios -Property-Casualty: Combined Ratio 94.7% 94.0% -Life/Health: Statutory expense ratio 8.3% 7.0% -Dresdner Bank: Cost-Income Ratio 73.7% 81.0% -Asset Management: Cost-Income Ratio 59.5% 59.3% [Euro bn] 31.03.2006 31.12.2005 Shareholders´ equity 41.3 39.5 (without minority interests) Third-party assets under management 753 743 End of message 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. (c)DGAP 12.05.2006 ————————————————————————— Language: English Issuer: Allianz AG Königinstr. 28 80802 München Deutschland Phone: +49 (0)89 38 00 – 41 2 Fax: +49 (0)89 38 00 – 38 9 email: investor.relations@allianz.com WWW: www.allianz.com ISIN: DE0008404005 WKN: 840400 indices: DAX-30, EURO STOXX 50 Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart; Terminbörse EUREX; Foreign Exchange(s) London, NYSE End of News DGAP News-Service —————————————————————————