Aviva PLC
26 February 2008
26 February 2008
UPDATE ON REATTRIBUTION OF INHERITED ESTATE
Earlier this month Aviva plc ('Aviva'), the parent company of Norwich Union
Life, announced that it had made an offer to the Policyholder Advocate to buy
out the eligible policyholders' interests in the remaining inherited estate.
Norwich Union Life had asked for a response to this offer by the end of February
but it has now been agreed that the Policyholder Advocate will respond in early
March. This extension to the timetable recognises the complexity of the process.
Norwich Union Life and the Policyholder Advocate remain committed to trying to
agree an offer that is fair to policyholders and shareholders.
An update will be provided in due course.
- ends -
Enquiries:
Media
David Ross, Head of Media Relations, Norwich Union Life +44 (0) 7800 699665
Matthew Newton, Finsbury +44 (0)20 7251 3801
Hayley Stimpson, Director of Group Media Relations, Aviva +44 (0)20 7662 7544
Analysts
Charles Barrows, investor relations director +44 (0)20 7662 8115
Notes to editors:
• Aviva is the leading provider of life and pensions to Europe with
substantial positions in other markets around the world, making it the
world's fifth largest insurance group based on gross worldwide premiums at
31 December 2006.
• Aviva's principal business activities are long-term savings, fund
management and general insurance, with worldwide total sales of £41.5
billion and assets under management of £364 billion at 31 December 2006.
• 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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