Millea Holdings, Inc. hereby announces the following proposed changes regarding its directors and corporate auditors, which will become effective as of the date of the general shareholders' meeting to be held in late June.

 Changes regarding representative directors
 (1) New appointment
      Yasuo Yaoita
          New Position: Managing Director (Representative Director), General Manager of  
                                Merger Planning Dept. 
          Former Position: Managing Director, General Manager of Merger Planning Dept. 

 (2) Candidate for a director 
      Tomohiro Kotani 
          Managing Director (Representative Director) 

 (3) Scheduled resignation 
      Yukiteru Noji 
          Senior Managing Director (Representative Director) 

Other Changes
 (1) Candidates for directors
      Sukeaki Otai
          Director 
      Yoichiro Iwama 
          Director 
 (2) Candidate for a corporate auditor
      Yukiteru Noji
          Standing corporate auditor
 (3) Scheduled resignation of a corporate auditor
     Sadao Yamamoto
          Standing corporate auditor