Zurich Financial Services Group appoints banks to lead USD 3 billion revolving credit facility

Zurich, March 11, 2004 - Zurich Financial Services Group (Zurich) has appointed ABN AMRO, Barclays Capital, BNP Paribas and Citigroup to act as joint bookrunners and mandated lead arrangers for a USD 3 billion revolving credit facility (split equally between 3 and 5 year tranches). The credit facility is for general corporate and back-up liquidity purposes and will replace Zurich's USD 1.5 billion syndicated facility established in May 1999.

The joint bookrunners will launch syndication of the facility among Zurich's core relationship banks later this month.