Tokio Marine Holdings, Inc. (the "Company") announced today that its board of directors on May 19, 2011 adopted the following resolution regarding the distribution of surplus with a record date of March 31, 2011.
The Company intends to make the following proposal for the distribution of surplus at the 9th Ordinary General Meeting of Shareholders to be held on June 27, 2011.

(1) Details

	Expected dividends	Previous forecast on dividends (*)	Dividends paid for the fiscal year ended March 31, 2010
Record date	March 31, 2011	March 31, 2011	March 31, 2010
Dividend per share	25 yen	25 yen	26 yen
Total pay out	19,170 million yen	-	20,477 million yen
Effective date	June 28, 2011	-	June 29, 2010
Source of dividends	Retained earnings	-	Retained earnings

(*) Forecast announced on February 14, 2011.

(2) Reasons
The Company regards the distribution of profits to shareholders as one of its most important management tasks, focuses on improving its ability to do so, and maintains a policy to pay stable dividends. With regard to dividends for the fiscal year ended March 31, 2011, in light of the Company’s policies and the business results for the fiscal year, the Company resolved to pay a year-end cash dividend in the amount of 25 yen per share. Together with the interim dividend of 25 yen per share, the annual amount of dividends will be 50 yen per share, the same amount paid for the previous fiscal year.

(Reference) Breakdown of annual dividends

Record date	September 30		March 31		Annual amount
	Per share amount	Total amount	Per share amount	Total amount	Per share amount	Total amount
Fiscal year ended March 31, 2011	25 yen	19,426 million yen	25 yen	19,170 million yen	50 yen	38,597 million yen
Fiscal year ended March 31, 2010	24 yen	18,902 million yen	26 yen	20,477 million yen	50 yen	39,379 million yen