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| Company announcement |
| Announcement no. 14-2007 |
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| 4 September 2007 |
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| TrygVesta receives DKK 85m in an arbitration case regarding | |
| reinsurance | |
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Ruling in arbitration case
TrygVesta Forsikring A/S has received a ruling regarding an arbitration case
with a dispute relating to reinsurance bought during 1994-1999.
The ruling decided in favour of the majority of TrygVesta's views resulting in a
payment of DKK 85m, which has a P&L effect of DKK 41m. The gain will be booked
in Q3 2007. The ruling is final.
The case is one of several similar arbitration cases. The remaining cases are
expected to be settled within a short while and they will result in a minor
impact on earnings.
The arbitration case is mentioned in TrygVesta's latest quarterly reports and in
the prospectus from 2005.
For further information visit www.trygvesta.com or contact:
Investor Relations Director
Ole Søeberg. Phone +45 44 20 45 20 and e-mail ole.soeberg@tryg.dk
Investor Relations Manager
Lars Møller. Phone +45 44 20 45 17 and e-mail lars.moeller@tryg.dk
TrygVesta comprises Tryg, Denmark's largest general insurer, and TrygVesta,
Norway's third largest general insurer. The Group has carried out insurance
operations in Finland since 2002 and in Sweden since 2006 and is the
second-largest general insurance group in the Nordic region. TrygVesta has some
3,800 employees. TrygVesta's insurance products provide peace of mind every day
to more than 2 million private customers and more than 100,000 businesses in the
Nordic region.
