Fondiaria-Sai S.p.A. : consolidated interim report at September 30, 2012 approved

Combined ratio at 99.3% (103.9% in 9m 2011)

Impairments on afs financial intruments for euro 79.5 million (euro 218.0 million in 9m2011)

Consolidated result reports substantial break-even, despite extraordinary events, including the bankruptcy of Imco and Sinergia and the earthquake in Emilia, with negative impacts respectively of euro 86 million and euro 44 million

Total premiums written of Euro 7,222 million, contracting 13.3% on 9M 2011.

Technical performance

• Total claims reported reducing 10.7%, with Motor TPL -17.9% on 9M 2011.

Consolidated net result for the period
Consolidated net loss reported of Euro 1.1 million (loss of Euro 211.7 million in 9M 2011) AFS financial instrument impairments impact for Euro 79.5 million (Euro 218.0 million in 9M 2011) and the bankruptcy of Imco and Sinergia for Euro 85.8 million.

Balance Sheet
Total Shareholders’ Equity of Euro 3,237.2 million (Euro 1,556.7 million at December 31, 2011 and Euro 1,850.3 million at June 30, 2012). Adjusted Solvency margin of 142.5% (78.2% at the end of 2011).