Zurich announces own shareholding

Zurich, November 30, 2007 - Zurich Financial Services announces, in light of the changes of Swiss Stock Exchange Law, that its holding of own shares exceeded the threshold of 3% of voting rights on November 29, 2007. This equals an increase of 1,046,921 shares or 30% since the last public disclosure as of September 30, 2007. The shareholding includes 1,055,939 own shares that are held through Zurich Group Holding to meet obligations under various employee share and option plans as well as 3,432,500 own shares acquired in 2007 in connection with the completed share buyback program. Some additional shares are also held indirectly by Zurich Life Insurance Company Ltd. and Assuricum Company Limited. In total, 4,515,259 registered shares are held, which based on the capital registered with the Commercial Registry reflect 3.12% of the share capital and voting rights of Zurich Financial Services.

Zurich Group Holding, Mythenquai 2, 8002 Zurich, is held by Allied Zurich Limited, Station Road, Swindon, Wiltshire SN1 1EL, England, UK and Zurich Financial Services. Allied Zurich Limited is held by Zurich Financial Services, which is the holding company of Zurich Financial Services Group. Zurich Life Insurance Company Ltd., Austrasse 46, 8045 Zurich, is a subsidiary of Assuricum Company Limited, which in turn is a subsidiary of Zurich Insurance Company, both at Mythenquai 2, 8002 Zurich. This entity is a fully owned subsidiary of Zurich Group Holding.