Ad-hoc | 3 August 2006 22:02

ALLIANZ AG: Preliminary figures for the second quarter

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Allianz Group: Preliminary figures for the second quarter of 2006 Allianz Group has continued to proceed its course of profitable growth during the second quarter of 2006, according to preliminary figures. Total revenues amounted to 24.1 (previous year´s quarter: 23.7) billion euros. The operating profit rose by 19 percent compared to previous year’s figure from over 2.3 billion euros to almost 2.8 billion euros (previous year´s quarter: 2.346 billion euros). Net income increased by 64 percent over the same period from 1.4 billion euros to about 2.3 billion euros. This already includes the restructuring charges of the German insurance business. All operational segments contributed to this improvement compared to previous year’s figures. Shareholders’ equity of Allianz Group rose by 2.1 percent from 39.5 billion euros as at December 31, 2005 to 40.3 billion euros. “Based on the very good performance over all operational segments, we expect higher earnings for 2006,” commented Helmut Perlet, board member of Allianz AG. “We are anticipating operating profits in excess of 9 billion euros for the fiscal year 2006, with net income between 5.5 and 6.0 billion euros,” explained Perlet. The full interim report for the second quarter of 2006 will be published on 11 August 2006 and available on www.allianz.com. End of message These assessments are, as always, subject to the disclaimer provided below. ————————————————————————— Information and Explaination of the Issuer to this News: 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. (c)DGAP 03.08.2006 ————————————————————————— Language: English Issuer: Allianz AG Königinstr. 28 80802 München Deutschland Phone: +49 (0)89 38 00 – 41 24 Fax: +49 (0)89 38 00 – 38 99 E-mail: 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, Düsseldorf, Stuttgart, München, Hamburg, SWX; Terminbörse EUREX; Foreign Exchange(s) London, NYSE End of News DGAP News-Service —————————————————————————