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Profit on ordinary activities already above plan for 2005 after first 9 months

UNIQA raises profit expectations for 2005 by 20%

As a result of very satisfactory development so far in the course of the second half-year of 2005,  the UNIQA Group is expecting a group profit on ordinary activities of € 180 million, according to the current status of the IFRS prognosis for the financial year 2005. The updated profit estimate for the financial year 2005 is thus 50% above that of the previous year, which was € 120 million, and 20% more than the previously forecast value of € 150 million.

In the first three quarters of the current financial year, the UNIQA Group has achieved a consolidated written premium volume (including savings shares from fund- and index-linked life insurance) of over € 3.5 billion and thus an increase of 26.9% compared with the same period last year. The group profit on ordinary activities according to international accounting methods after 9 months is € 157.8 million and thus already 31% above the profit for the whole of 2004.

The UNIQA Group will be publishing detailed data on the first 9 months of the current financial year in their quarterly report on 30 November 2005.

17. November 2005


UNIQA Group Austria
Press Service

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1029 Vienna
Tel.: (+43 1) 211 75-3414
Fax.: (+43 1) 211 75-3619
Mobil: (+43 664) 112 02 37
E-Mail: presse@uniqa.at

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