| Following their announcement to merge in October 2001, The Sumitomo
Marine & Fire Insurance Co., Ltd (President: Hiroyuki Uemura)
and Mitsui Marine & Fire Insurance Co., Ltd (President and CEO:
Takeo Inokuchi) have been actively engaged in integration arrangements
and in forming early phase business alliances as below, provided,
however, that any act and thing to implement any item listed below
shall be performed only to the extent that any activities in connection
with subsidiaries comply with any and all antitrust and other applicable
laws and regulations in Japan, the United States and other jurisdictions. |