Millea Holdings, Inc. (the "Company") announced that it has repurchased its own shares through the Tokyo Stock Exchange as approved by its board of directors on September 18, 2007, pursuant to Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Corporation Law, as described below.

(a) Period in which repurchases were made:
      From November 1, 2007 through November 19, 2007.
(b) Number of shares repurchased:
      1,122,000 shares.
(c) Aggregate purchase price of shares:
      4,797,472,000 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 September 18, 2007 are as follows.

(a) Class of shares to be repurchased:
      Common stock of the Company.
(b) Aggregate number of shares to be repurchased:
      Up to 4,000,000 shares.
     (Represents approximately 0.5% of total issued shares.)
(c) Aggregate purchase price of shares:
      Up to 13.6 billion yen.
(d) Period in which repurchase may be made:
      From October 1, 2007 through November 19, 2007.

2. Details of the share repurchases made since October 1, 2007 as approved by the board of directors on September 18, 2007, pursuant to Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Corporation Law, are as follows.

(a) Aggregate number of shares repurchased:
      3,046,600 shares.
      (Represents approximately 0.4% of total issued shares.)
(b) Aggregate purchase price of shares:
      13,599,832,000 yen.