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Zurich closes acquisition of 50% stake in Caixa Sabadell’s life and general insurance companies in Spain

Zurich, August 14, 2008 – Zurich Financial Services Group (Zurich) announced today the completion of the acquisition of a 50% stake in Caixa d’Estalvis de Sabadell’s (Caixa Sabadell) life and general insurance companies, CaixaSabadell Vida, S.A. de Seguros y Reaseguros and CaixaSabadell Companyia d’Assegurances Generals, S.A. The transaction enables Zurich to combine the strong distribution capacity of Caixa Sabadell with Zurich’s proposition strengths and pan-European operating platform and was first announced on April 24, 2008.

Zurich Financial Services Group (Zurich) is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries.

For additional information please contact:

Group Media Relations
Phone: +41 (0)44 625 21 00, Fax: +41 (0)44 625 26 41

Investor Relations
Phone: +41 (0)44 625 22 99, Fax: +41 (0)44 625 36 18

Zurich Financial Services
Mythenquai 2, P.O. Box, 8022 Zurich, Switzerland
SWX Swiss Exchange/virt-x: ZURN
Valor: 001107539