Millea Holdings, Inc.
President: Kunio Ishihara
Millea Holdings, Inc. (the "Company") announced that its board of directors resolved the proposed personnel changes described below following the board of directors' receipt of a report from the Millea Group nomination committee, which serves as an advisory body to the board of directors.
(The changes below will be made effective at the meeting of the board of directors following the Company’s ordinary general meeting of shareholders scheduled for late June 2007.)
1. Candidates for directors
Shin-Ichiro Okada
| New Position: | Managing Director |
| Current Position: | Director (*) and General Manager of Commercial Lines |
| | Underwriting Dept. of Tokio Marine & Nichido Fire Insurance Co., |
| | Ltd. ("Tokio Marine & Nichido") |
| | (*) Non-member of the board |
Hiroshi Mitsunaga
| New Position: | Managing Director |
| Current Position: | General Manager of the Business Development and Support
Dept. |
2. Candidates for a corporate auditor
Yasuo Yaoita
| New Position: | Standing Corporate Auditor |
| Current Position: | Standing Corporate Auditor of Tokio Marine & Nichido |
3. Promotion of a director
Toshiro Yagi
| New Position: | Executive Vice President |
| Current Position: | Senior Managing Director |
4. Scheduled resignation of a director
| Tomohiro Kotani | Managing Director |
| Morio Ishii | Director |
5. Scheduled resignation of a corporate auditor
| Shoji Ueno | Standing Corporate Auditor |
