Aviva Life Intl. Seminar

Aviva PLC 19 May 2004 19 May 2004 Aviva Life International seminar Aviva plc ('Aviva') will hold a seminar today for investors and analysts covering the group's continental European and international life businesses. The seminar will be hosted by Philip Scott, Executive Director with responsibility for these businesses. There will be specific presentations on our operations in France, the Netherlands, Italy, Spain and Asia and in addition, a presentation on the management of guarantees in these businesses. Key themes from the presentation are: • World-class bancassurance development (23% of 2003 group life and pensions new business on an APE basis) with partnerships across many markets creating value for shareholders at an early stage of development. • France: attractive growth opportunities and economics from the forthcoming Credit du Nord partnership and a focus on margin growth from unit-linked sales. • Netherlands: turnaround market where Delta Lloyd is benefiting from the ABN AMRO joint venture, pricing and cost improvements. • Italy: good market growth outlook, new distribution through BPU and stable margins. • Spain: strong growth prospects from increasing bank client penetration and expected growth in the market. • Asia: platform in place, increased focus and resources into this region. • Guarantees: strict control of exposure and rigorous risk management. The presentation slides will be available at http://www.aviva.com/investors/ presentations.cfm#bus from 10.30am on Wednesday 19 May 2004. Enquiries: Analysts / Investors: Steve Riley, Investor Relations Director +44 (0)20 7662 8115 Media: Hayley Stimpson, Director of External Affairs +44 (0)20 7662 7544 Sue Winston, Head of Group Media Relations +44 (0)20 7662 8221 Notes to editors: • Aviva is the UK's largest insurance group, a leading provider of life and pensions to Europe and has businesses in a number of other markets around the world. Aviva is the world's seventh-largest insurer based on worldwide gross written premiums. • Aviva's principal business activities are long-term savings, fund management and general insurance, with worldwide premium income and retail investment sales of £30 billion, and £240 billion of assets under management at 31 December 2003. • The Aviva media centre at www.aviva.com/media includes images, company and product information and a news release archive. This information is provided by RNS The company news service from the London Stock Exchange

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