June 28, 2006
Millea Holdings, Inc.
2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo
TSE code number: 8766
Announcement regarding share repurchase through ToSTNeT-2
(Acquisition by the Company of its own shares pursuant to the provision of its Articles of Incorporation in accordance with Article 165, paragraph 2 of the Corporation Law.)
Millea Holdings, Inc. (the "Company") announced that it has determined a method for repurchasing its own shares, pursuant to Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Corporation Law, as described below.
1. Method of the repurchase
The Company intends to repurchase its own shares through ToSTNeT-2 (closing price orders), or Tokyo Stock Exchange Trading Network System-2, to be conducted at 8:45 a.m. on June 29, 2006, at the closing price of 2,060,000 yen per share as of June 28, 2006. Changes to other transaction methods or other transaction times shall not be made. Such purchase order is to be placed only at the transaction time as designated above.
2. Details of the repurchase
3. Disclosure of the results
The acquisition results will be disclosed after the transaction time of 8:45 a.m. on June 29, 2006 .
Details of the resolution made at the board of directors held on June 28, 2006 are as follows.