Stmt.re CGNU & MMA/MAAF

CGNU PLC 6 July 2001 CGNU and the MMA / MAAF group announce preliminary discussions to form a partnership in France 6 July 2001 CGNU plc and the MMA / MAAF group announce that CGU France (which already has a partnership with MAAF in small and medium commercial insurance) and these French insurance mutuals, which are headed by Jean-Claude Seys, are currently in preliminary discussions to establish the basis of a new partnership in the French insurance market. The partnership would reinforce the position of the MMA/MAAF group in the area of general insurance and the position of CGU France in life insurance and asset management. Enquiries: Analysts/Investors: James Matthews, Head of Investor Relations +44 (0)20 7662 2137 Media: Hayley Stimpson, Director of External Affairs +44 (0)20 7662 7544 Alex Child-Villiers, Financial Dynamics +44 (0)20 7269 7107 Notes to Editors * CGNU is the world's sixth-largest insurance group and the largest insurer in the UK. It has worldwide premium and investment sales from ongoing business of £27 billion and more than £210 billion in assets under management. * The most recent financial reports are available on the Group's website, www.cgnu-group.com

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