euro adhoc: WIENER STÄDTISCHE Versicherung AG Vienna Insurance Group / quarterly
or semiannual financial statement / Vienna Insurance Group:

Record result for Quarters 1 - 3 of 2007:

At EUR 324 million, profit (before taxes) is already up from the full-year
profit for 2006

CEE profit growth of over 52 percent exceeds profit growth in Austria

Five billion euro mark in Group premium income surpassed for the first time in
nine-month period

Planned dividend increase for 2007 by approx. 34 percent 

Ambitious management goals until 2010:


Profit target 2010: EUR 770 million (currently over USD 1.1 billion)

Premium target 2010: EUR 10 billion (currently approx. USD 15 billion)

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  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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14.11.2007

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


KEY GROUP DATA FOR QUARTERS 1 - 3/2007

With consolidated premiums written (without other insurance participations) of
EUR 5.03 billion in the aggregate, the Vienna Insurance Group in the first three
quarters of 2007 achieved an increase of 16.5 percent as compared to the same
period of the previous year. Thus, the five billion euro mark was surpassed for
the first time at the end of the third quarter.

The Group's profit (before taxes, consolidated) was increased by a remarkable
40.5 percent to EUR 324.21 million in the first three quarters of the current
year. Thus, the overall result of the year 2006 was surpassed already after only
nine months.

At 95.9 percent, the combined ratio of the Group after reinsurance (not
considering investment income) was improved as compared to the previous year's
figure (97.0 percent) in spite of the storm damage suffered in the current year.


The financial result was EUR 743.08 million in the first nine months of the
current year and was up by a remarkable 38.0 percent from the same period of the
previous year. This positive financial result underscores the rightness of the
conservative investment policy pursued by the Vienna Insurance Group. The Vienna
Insurance Group did not make investments in the US subprime market and did not
get involved with companies whose portfolios include such investments. Thus for
the Group, no negative effects are expected now or in the future. 

The expenses for claims incurred in the property/casualty segment amounted to
EUR 1.31 billion. Despite storm damage the expenses rose sub-proportionally
relative to the premiums, namely by 15.3 percent. The expenses for claims and
insurance benefits from the life segment amounted to EUR 2.06 billion (up 23.1
percent). 

The total investments of the Vienna Insurance Group increased from EUR 19.60
billion as of 31 December 2006 to EUR 22.10 billion as of 30 September 2007.
This translates to a 12.7 percent increase. 

INCREASE OF THE DIVIDEND FOR 2007 PLANNED 

The systematic implementation of the Group's policy as well as the increase in
income and profit and the ensuing improvement of the positions on the most
important markets in the first nine months of the current year make it possible
to raise the dividend for the year 2007 from EUR 0.82 to EUR 1.10 per share -
subject to the approval of the competent corporate bodies.


MANAGEMENT SETS AMBITIOUS TARGETS UNTIL 2010

Profit (before taxes) 2007: approx.  EUR 435 million

Profit (before taxes) 2008: approx.  EUR 530 million

Profit (before taxes) 2010: approx.  EUR 770 million (currently over USD 1.1
billion) and moreover a premium volume in the amount of approx. EUR 10 billion
(currently approx. USD 15 billion).

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

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

emitter:      WIENER STÄDTISCHE Versicherung AG Vienna Insurance Group
              Schottenring 30
              A-1011 Wien
phone:        +43(0)50 350-21027
FAX:          +43(0)50 350 99-21027
mail:         presseabteilung@staedtische.co.at
WWW:          www.wienerstaedtische.at
sector:       Insurance
ISIN:         AT0000908504
indexes:      ATX Prime, ATX, WBI
stockmarkets: official market: Wiener Börse AG 
language:     English