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 December 17, 2007, pursuant to Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Corporation Law, as described below.

The transaction described below completes the Company's annual share repurchase plan that was announced by the Company on May 23, 2007.

(a) Period in which repurchases were made:
      From February 1, 2008 through March 13, 2008.
(b) Number of shares repurchased:
      5,905,300 shares.
(c) Aggregate purchase price of shares:
      23,364,576,000 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 December 17, 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 14,000,000 shares.
      (Represents approximately 1.7% of total issued shares.)
(c) Aggregate purchase price of shares:
      Up to 38.6 billion yen.
(d) Period in which repurchase may be made:
      From January 4, 2008 through March 13, 2008.

2. Details of the share repurchases made since January 4, 2008 as approved by the board of directors on December 17, 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:
      9,945,900 shares.
      (Represents approximately 1.2% of total issued shares.)
(b) Aggregate purchase price of shares:
      38,599,688,000 yen.

3. Details of the Company's share repurchase plan that was announced by the Company on May 23, 2007 are as follows.

The plan permits the repurchase of shares of the Company representing an aggregate purchase price of up to 90 billion yen during the period beginning June 26, 2007 and ending on the Company's sixth ordinary general meeting of shareholders, scheduled for June 2008.

4. Details of the share repurchases made since June 26, 2007 as approved by the relevant resolutions made at the meeting of the board of directors, 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:
      21,074,200 shares.
      (Represents approximately 2.6% of total issued shares.)
(b) Aggregate purchase price of shares:
      89,998,953,000 yen.