Millea Holdings, Inc. (the "Company") hereby announces that it has revised the original forecast of consolidated business results for the six months ended September 30, 2005 as follows. 

1. Revised forecast of consolidated business results of the Company for the six months ended September 30, 2005 

(Unit: Billion yen, %)

	Ordinary income	Ordinary profit	Net income
Original forecast (A) (*1)	1,400	75	35
Revised forecast (B)	1,580	80	38
Difference (B)-(A)	180	5	3
Rate of increase/decrease	12.9 %	6.7 %	8.6 %
(Reference) Actual results for the six months ended September 30, 2004	1,390.3	7.9	- 7.1

(*1) Announced on May 27, 2005.

2. Reasons for the revisions 

The revisions are made in particular as a result of an increase in ordinary income, which is primarily due to a significant increase in the amount of life insurance premium of Tokio Marine & Nichido Financial Life Insurance Co., Ltd. as a result of strong sales of individual annuity insurance.

We intend to announce the forecast of consolidated business results of the Company for the year ending March 31, 2006 on November 22, 2005, together with the results for the six months ended Setpember 30, 2005.