Tokio Marine Holdings, Inc.
President: Shuzo Sumi
TSE code number: 8766
Tokio Marine 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 November 19, 2010, pursuant to Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Companies Act, as described below.
| (a) | Period in which repurchases were made: |
| | From January 1, 2011 through January 31, 2011.
|
| (b) | Number of shares repurchased: |
| | 4,481,800 shares.
|
| (c) | Aggregate purchase price of shares: |
| | 11,273,360,300 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 November 19, 2010 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 16,000,000 shares.
(Represents approximately 2.1% of total issued shares excluding treasury shares.) |
| (c) | Aggregate purchase price of shares: |
| | Up to 25.0 billion yen. |
| (d) | Period in which repurchase may be made: |
| | From November 26, 2010 through February 18, 2011. |
| 2. | Details of the share repurchases made by January 31, 2011 as approved by the board of directors on November 19, 2010 are as follows. |
| (a) | Aggregate number of shares repurchased: |
| | 8,242,000 shares. |
| (b) | Aggregate purchase price of shares: |
| | 20,366,774,000 yen. |
