[English Translation] January 18, 2005 Estimated Payout for Damages Caused by Indian Ocean Tsunami and Off-Sumatran Coast Earthquake We all at Mitsui Sumitomo Insurance ("MSI") would like to express our deepest sympathy to all the people who suffer from the earthquake and the tsunami caused by it on December 26, 2004 and wish them all soonest recovery from the disaster. At this moment, MSI estimates payouts totaling to about two billion yen for the damages due to the Indian Ocean Tsunami and the Off-Sumatran Coast Earthquake on a consolidation basis. It does not have a serious impact on our operations.