Millea Holdings, Inc. (the "Company") announced today that it has determined the amount to be paid for the stock acquisition rights to be allotted to the Company's directors and corporate auditors, to the directors (including non-members of the board) and corporate auditors of its wholly-owned subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. and to the directors and corporate auditors of its wholly-owned subsidiary, Tokio Marine & Nichido Life Insurance Co., Ltd. in accordance with the resolution of the Board of Directors on June 28, 2006.

1. Name of the Stock Acquisition Rights

July 2006 Millea Holdings Stock Acquisition Rights (stock option scheme under a stock-linked compensation plan) (the "Stock Acquisition Rights")

2. Amount to be paid for the Stock Acquisition Rights

2,013,506 yen for each stock acquisition right.
(2,013,506 yen for each stock.)

3. Date of allotment of the Stock Acquisition Rights

Date of allotment of the Stock Acquisition Rights is July 18, 2006.

4. Date of payment of consideration in exchange of the Stock Acquisition Rights

Date of payment of consideration in exchange of the Stock Acquisition Rights is July 18, 2006.