Fondiaria-Sai S.p.A.: consolidated half-year report at june 30, 2010 approved

Growth in total premiums written: euro 7,413.9 million (+15%)
Life division premiums written of euro 3,709.7 million (+35.2%)
Improved combined ratio on fy 2009

Direct premiums writte

• Non-Life division: Euro 3,699.2 million (unchanged on H1 09)
• Life division: Euro 3,709 million (+35.2% on H1 09)

Technical performance

• Combined Operating Ratio of 101.1% from 105.4% in FY 2009 (97.9% in H1 2009) Combined Ratio (inclusive of technical charges) of 105.4% from 108% in FY 2009 (101.8% in H1 2009)
• APE of Euro 336 million (+33%)

Group net result: loss of Euro 144.8 million (profit of Euro 20.8 million in H1 09)

Balance Sheet Solidity

• Shareholders’ equity of Euro 3,035 million (Euro 3,711 million at 31/12/2009)