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September 14, 2006
Millea Holdings, Inc.
5-1 Otemachi 1-chome, Chiyoda-ku, Tokyo
TSE code number: 8766

Tokio Marine & Nichido Life Insurance Co.,Ltd.
5-3-15 Ginza, Chiyoda-ku, Tokyo

Tokio Marine & Nichido Life has decided to increase capital by 50 billion yen to enhance its financial strength

As of September 28, 2006, Tokio Marine & Nichido Life Insurance Co.,Ltd. ("Tokio Marine & Nichido Life", President: Tomochika Iwashita) has decided to increase capital by 50 billion yen in order to enhance its financial strength.

Millea Holdings, Inc. will invest the entire amount of 50 billion yen to increase the total of Tokio Marine & Nichido Life's common stock and additional paid-in capital to 90 billion yen.

This enhancement of financial strength makes Tokio Marine & Nichido Life enable to provide with innovative products and excellent services which can meet its customer needs more than before. 


Increase of Capital 50 billion yen

Common stock after increase of capital 55 billion yen
Additional paid-in capital after increase of capital 35 billion yen
Total shareholder's equity 90 billion yen