International Growth Aims

Aviva PLC
01 June 2006


News release


1 June 2006


      AVIVA ANNOUNCES NEW GROWTH AMBITIONS FOR ITS INTERNATIONAL BUSINESS


Aviva plc ('Aviva' or 'the Group') today announces new growth ambitions for its
international business with plans to achieve average annual organic sales
growth1 of at least 10% a year across its international life operations over the
next five years, while growing new business profit2 at least as quickly as
sales.


In addition, Aviva plans further international life growth from new joint
ventures and other distribution deals, funded by internally generated capital.
It will also continue to grow its international general insurance businesses, in
a manner consistent with the Group-wide target of meeting or beating a combined
operating ratio of 98%.


These objectives are in line with Aviva's strategy of managing its business for
value to deliver profitable growth.


At a presentation for investors and analysts on its international business at
13:00 (BST) today Philip Scott, group executive director, Aviva International,
will outline the Group's strategy for continued growth across its international
businesses.  The key points of Aviva's international strategy are:

•  developing the most effective business models and adapting these to each of 
   Aviva's chosen markets;

•  continuing to grow Aviva's existing strong positions in developed markets, 
   notably France, Netherlands, Italy, Ireland, Spain and Canada;

•  building leadership positions in selected emerging markets, notably Central 
   and Eastern Europe, Russia, India and China; and

•  continued delivery of results by Aviva's strong management teams in each 
   country.


At the presentation Aviva will also outline the successful financial track
record of its international portfolio of businesses.  In the first quarter of
2006 Aviva delivered a 15% increase in life and pensions sales3 (to £3,674m)
from its strong and established positions in the wealthy economies, but
under-penetrated life markets, of continental Europe.  This was on top of life
and pensions sales growth of 13% (to £11,933m) and a 22% increase in new
business profit4 (to £494m) from Aviva's continental European businesses in
2005.  The Group's first quarter 2006 performance also included a 56% increase
in sales from its North American life business (to £152m) and growth of 39% in
Aviva's newer life operations in the developing economies of Asia (to £129m),
where there is longer-term profit potential.


Aviva will also highlight its strong multi-distribution capability which focuses
on the most effective distribution to reach customers in each market.  In 2005
26% of life new business sales (net of minorities) were made through
bancassurance, 40% through tied agents and direct channels and 34% through
independent agents and brokers.


Philip Scott commented:  'Our focus remains on delivering profitable growth.
This commitment to growing both sales and profit from our international life
operations demonstrates our belief in our ability to achieve our growth
ambitions over the next five years.


'The growth of our life portfolio will come from building on our strong
businesses in continental Europe, our growing business in North America and from
the excellent positions we are taking in the developing Asian markets. We have a
competitive advantage in having secured an early and strong franchise in
continental Europe, a market that would now be difficult to enter and which has
strong growth prospects.  Our North American and Asian businesses are growing
fast and we are developing leadership positions for the future in Asia as these
economies become wealthier and people develop the savings habit.


'We continue to focus on organic growth with a watchful eye on value-creating
acquisition and joint-venture opportunities.'

                                    - ends -


3 Life and pensions on a PVNBP basis at constant exchange rates

4 New business contribution: pre-tax and before the effect of required capital,
  gross of minorities



Enquiries:


Analysts:

Charles Barrows, investor relations director               [phone]

Jessie Burrows, head of investor relations                 [phone]

Nicole Marques, investor relations manager                 [phone]




Media:

Hayley Stimpson, director of external affairs              [phone]

Sue Winston, head of group media relations                 [phone]

Vanessa Booth, group media relations manager               [phone]

Rob Bailhache, Financial Dynamics                          [phone]



Notes to editors:

• ANALYSTS: The Aviva International seminar for investors and analysts
  takes place in Amsterdam at 13:00 (BST). The presentation slides will be
  available on the Group's website, www.aviva.com, from 13:00 (BST). The
  presentation is also being filmed for webcast and can be viewed live on the
  Group's website or by clicking here: http://www.aviva.com/seminars



• NEWSWIRES: There will be a conference call today for wire services at
  08:30 (BST) on [phone].  Quote: Aviva, Philip Scott.



• Aviva is the world's sixth largest insurance group based on gross
  worldwide premiums and market capitalisation (at 31 December 2004), and is one
  of the leading providers of life and pensions to Europe, with substantial
  positions in other markets around the world.



• Aviva's principal business activities are long-term savings, fund
  management and general insurance, with worldwide total sales of £35 billion 
  and assets under management of £317 billion at 31 December 2005.



• The Aviva media centre at www.aviva.com/media includes images, company
  and product information and a news release archive.


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