Assicurazioni Generali SpA Period End 31 December 2008

Assicurazioni Generali Annual Report 2008

Limited disclosures following reclassification of financial assets
Italian insurer Assicurazioni Generali reclassifies €646 million financial assets held for trading to held to maturity but chooses not to disclose the impact on its financial statements.

Acquisition gives rise to a €335 million profit
Italian insurer Assicurazioni Generali contributes businesses to a new subsidiary and recognises a €335 million gain that represents 21.8% of pre-tax profit.