Millea Holdings, Inc. (the "Company") announced today that it has repurchased its own shares through ToSTNeT-2 pursuant to Article 156 of the Corporation Law, applicable to the Company in accordance with Article 165, paragraph 3 of the Corporation Law. This share repurchase was initially disclosed by the Company on February 13, 2007. The details of the share repurchase are stated below.

The transaction described below completes the Company's share repurchases pursuant to the resolution to repurchase shares of the Company made at the meeting of the board of directors held on February 9, 2007. It also completes the Company's annual share repurchase plan that was announced by the Company on May 24, 2006.


1. Class of shares repurchased:
    Common stock of the Company.

2. Number of shares repurchased:
    9,718,300 shares.

3. Purchase price:
    4,260 yen per share.

4. Aggregate purchase price:
    41,399,958,000 yen.

5. Date of repurchase:
    February 14, 2007.

6. Method of repurchase:
    Purchased through ToSTNeT-2 (Tokyo Stock Exchange Trading Network System-2)
    (closing price orders).


(For reference)

1. Details of the relevant resolution made at the meeting of the board of directors held
    on February 9, 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 10,000,000 shares.
      (Representing approximately 1.2% of total issued shares.)
(c) Aggregate purchase price of shares:
      Up to 41.4 billion yen.
(d) Period in which repurchases may be made:
      From February 14, 2007 through February 19, 2007.

2. Details of the Company's share repurchase plan that was announced by the
   Company on May 24, 2006 are as follows.

The plan permits the repurchase of shares of the Company representing an aggregate purchase price of up to 150 billion yen during the period beginning June 29, 2006 and ending on the Company's fifth ordinary general meeting of shareholders, scheduled for June 2007.

3. Details of the share repurchases made since June 29, 2006 pursuant to the relevant
    resolution made at the meeting of the board of directors, pursuant to Article 156 of 
    the Corporation Law, applicable to the Company in accordance with Article 165,
    paragraph 3 of the Corporation Law are as follows.

(a) Aggregate number of shares repurchased:
    (i) 43,223 shares. (The number of shares repurchased before the stock split on
        September 30, 2006.)
    (ii) 12,114,000 shares. (The number of shares repurchased after the stock split on
        September 30, 2006.)
        (Representing approximately 4.0% of total issued shares.)

(b) Aggregate purchase price of shares repurchased: 142,807,283,000 yen