September 9, 2003
Millea Holdings, Inc.
Announcement regarding the results of share repurchase through ToSTNeT-2
Millea Holdings, Inc. (Millea Holdings) announced today that it has repurchased its own shares through ToSTNeT-2 as announced the day before (September 8, 2003), pursuant to Article 210 of the Commercial Code. The details are as follows.
Class of shares repurchased:
Shares of common stock of Millea Holdings.
Number of shares repurchased:
1,200,000 yen per share.
Aggregate purchase price:
Date of repurchase:
September 9, 2003.
Method of repurchase:
Purchased through ToSTNeT-2 (Tokyo Stock Exchange Trading Network System-2)
(closing price orders).
Details of the resolution made at the 1st ordinary general meeting of shareholders held on June 27, 2003 are as follows.
(a)Class of shares to be repurchased:
Common stock of Millea Holdings.
(b)Aggregate number of shares to be repurchased:
Up to 120,000 shares.
(Represents approximately 6.5% of the shares outstanding.)
(c)Aggregate purchase price of shares:
Up to 100 billion yen.
Status as of September 9, 2003.
(a) Aggregate number of shares repurchased: 28,347 shares.
(b) Aggregate purchase price of shares: 32,489,169,000 yen.