Millea Holdings, Inc.
President: Kunio Ishihara
TSE code number: 8766
Subject: Amendment to the Articles of Incorporation regarding repurchase of shares
The board of directors of Millea Holdings, Inc. (the "Company") approved today to propose at the second ordinary general meeting of shareholders to be held on June 29, 2004 to amend its Articles of Incorporation.
In order to implement flexible financial policies, the Company will propose to insert a new Article in its Articles of Incorporation stating that the Company may, by resolution of the board of directors, repurchase its own shares pursuant to Article 211-3, paragraph 1, item 2 of the Commercial Code of Japan.
