CGNU Shareholdings

CGNU PLC 21 December 2001 CGNU - Societe Generale and UniCredito Italiano shares The previously announced sale of 2% of Societe Generale shares held by CGNU to the Foundations of UniCredito Italiano, and the purchase of 2% of UniCredito Italiano shares from the Foundations, which had been agreed in principle between the parties, has been delayed pending clarification of fiscal and legal issues involving the Foundations. Enquiries Analysts / Investors: James Matthews, Head of Investor Relations +44 (0)20 7662 2137 Media: Ian Frater, Head of External Affairs +44 (0)20 7662 8221 Stuart Blackmore, Financial Dynamics +44 (0)20 7269 7241 Notes to editors At 30 November 2001 CGNU held 6.7% of Societe Generale shares and 1.5% of UniCredito Italiano shares.

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