Millea Holdings, Inc. announced that pursuant to Article 211-3, paragraph 1, item 2 of the Commercial Code and the resolution of its board of directors dated October 11, 2005, it has repurchased its own shares from the market as detailed below.


(a) Period in which repurchases were made:
     From October 12, 2005 through October 31, 2005.
(b) Number of shares repurchased: 
     2,826 shares.
(c) Aggregate purchase price of shares:
     5,590,470,000 yen.
(d) Method of repurchase: 
     Purchased through the Tokyo Stock Exchange.



(For reference)

1. Details of the resolution made at the meeting of the board of directors held on October 11, 2005 are as follows.

(a) Class of shares to be repurchased:
     Common stock of Millea Holdings, Inc.
(b) Aggregate number of shares to be repurchased:
     Up to 16,000 shares.
     (Approximately 0.9% of total issued shares.) 
(c) Aggregate purchase price of shares:
     Up to 22.8 billion yen.
(d) Period in which repurchases may be made: 
     From October 12, 2005 through January 13, 2006.

2. Details of the share repurchases made pursuant to the resolutions of the board of directors since July 1, 2005 pursuant to Article 211-3, paragraph 1, item 2 of the Commercial Code

(a) Aggregate number of shares repurchased: 18,460 shares. 
                                                               (Approximately 1.1% of total issued shares.)
(b) Aggregate purchase price of shares: 30,388,130,000 yen.