Tokio Marine Holdings, Inc. (the "Company") announced that on June 28, 2010 its board of directors resolved repurchases of its own shares, pursuant to Article 156 of the Companies Act which is applicable in accordance with Article 165, paragraph 3 of the Companies Act, as detailed below.

1. Reason for the repurchase of shares

The Company intends to repurchase its own shares in order to implement flexible financial policies and to prepare for the exercise of stock acquisition rights (238,600 shares to be issued upon exercise of stock acquisition rights) that will be allotted to our directors and corporate auditors, etc.

2. Details of the resolution made on June 28, 2010

(a) Class of shares to be repurchased:
       Common stock of the Company.
(b) Aggregate number of shares to be repurchased:
       Up to 16,000,000 shares.
       (Represents approximately 2.0% of total issued shares excluding treasury shares.)
(c) Aggregate purchase price of shares:
       Up to 25.0 billion yen.
(d) Period in which repurchases may be made:
       From July 1, 2010 through September 21, 2010.

(For reference)

Total issued shares as of May 31, 2010 (excluding treasury shares): 787,601,903 shares
Number of treasury shares held by the Company as of May 31, 2010: 16,922,472 shares