HomePersonalCommercialCorporate BusinessInvestor RelationsMedia RelationsAbout Zurich 
 
Media
Media

Disclosure of Investment

Zurich, August 23, 2002 – Pursuant to Article 20 of the Swiss Stock Exchange Law, Zurich Financial Services received the following notice from Brandes Investment Partners L.P.:

Brandes Investment Partners, L.P. (11988 El Camino Real, Suite 500, P.O. Box 919048, San Diego, CA 92191 – 9048, USA) ("Brandes") holds as of 22 August 2002 by virtue of discretionary investment authority from its clients 10,02% of the voting rights in Zurich Financial Services.

Brandes holds 4'549'375 ordinary shares of Zurich Financial Services and 38'034'878 American Depository Receipts ("ADRs") of Zurich Financial Services. These ADRs represent 3'803'487.8 ordinary shares of Zurich Financial Services and entitle the holder to give voting instructions through the Bank of New York, which administrates the Zurich Financial Services ADR program. All the said securities are beneficially owned by Brandes’ clients. Brandes reports not holding any shares of Zurich Financial Services on a proprietary basis.

The Zurich Financial Services Group (www.zurich.com) provides its customers solutions in the areas of financial protection (non-life insurance and structured solutions) and asset gathering (life insurance and asset management). The Group focuses its activities on its key markets of North America, UK and Continental Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. It has offices in more than 60 countries and employs approximately 70,000 people.

For further information please contact:
Zurich Financial Services, Media and Public Relation
8022 Zurich, Switzerland
Phone +41 (0)1 625 21 00, Fax +41 (0)1 625 26 41
http://www.zurich.com