Millea Holdings, Inc. (the "Company") announced today the following correction of information included in "Reorganization of Kiln group" that had been announced on June 2, 2008. (The revised part has been underlined.)


1. Brief description of Kiln Ltd and Kiln Reinsurance Ltd

(Before correction)
(1) Kiln Ltd (Hamilton, Bermuda, Capital: GBP 2.9 million)
Kiln Ltd is a wholly-owned subsidiary of Tokio Marine & Nichido and the holding company of Kiln Group. The business operation of Kiln Ltd will be transferred to Kiln (UK) Holdings Limited, a wholly owned subsidiary of Kiln Ltd and the intermediary holding company of Kiln Group.

(2) Kiln Reinsurance Ltd (Hamilton, Bermuda, Capital: GBP 70,000)
Kiln Reinsurance Ltd is a wholly-owned subsidiary of Kiln Ltd and the reinsurance company of Kiln Group. The existing reinsurance related contracts held by Kiln Reinsurance Ltd will be transferred to other group companies of Millea Group and subsequently Kiln Reinsurance Ltd will be wound up together with Kiln Ltd.

(After correction)
(1) Kiln Ltd (Hamilton, Bermuda, Capital: GBP 699 thousand)
Kiln Ltd is a wholly-owned subsidiary of Tokio Marine & Nichido and the holding company of Kiln Group. The business operation of Kiln Ltd will be transferred to Kiln (UK) Holdings Limited, a wholly owned subsidiary of Kiln Ltd and the intermediary holding company of Kiln Group.

(2) Kiln Reinsurance Ltd (Hamilton, Bermuda, Capital: GBP70,000)
Kiln Reinsurance Ltd is a wholly-owned subsidiary of Kiln Ltd and the reinsurance company of Kiln Group. The existing reinsurance related contracts held by Kiln Reinsurance Ltd will be transferred to other group companies of Millea Group and subsequently Kiln Reinsurance Ltd will be wound up together with Kiln Ltd.