EANS-Adhoc: PRELIMINARY DEVELOPMENT OF VIENNA INSURANCE GROUP IN 2012 [1]

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Financial Figures/Balance Sheet/Preliminary Premiums 2012
24.01.2013

VIENNA INSURANCE GROUP ACHIEVES RECORD RESULT

Premiums climb to about EUR 9.9 billion (plus 9.5 percent)

- CEE share in premiums grows to about 56 percent

Profit (before taxes) totals about EUR 585 million (plus approx. 5
percent)

A STRONG DEVELOPMENT IN A CHALLENGING ENVIRONMENT

In the financial year 2012 Vienna Insurance Group earned direct,
unconsolidated premiums written of about EUR 9.9 billion,
corresponding to an increase by 9.5 percent. The upward trend of
premiums continued in all segments. In the life insurance Vienna
Insurance Group reported a sharp raise of 17.8 percent. Growth has
been driven by the strong demand for single-premium products, which
has been reported predominantly in Poland. Also, the Group succeeded
in boosting premiums in the property/casualty (plus 2.5 percent) as
well as in the health segments (plus 8.6 percent).

Growth on the basis of adjusted premiums (excluding special effects
from the single premium business of Benefia Life) amounts to 2.2
percent. Adjusted for exchange rate effects, growth even exceeds 3
percent.

The projected Group profit (before taxes) is expected to amount to
about EUR 585 million. This is approximately 5 percent above the
prior-year level. Hence, adjusted premium growth is surpassed by more
than the double.

Despite the heavy financial burden caused by severe weather
conditions, the Group will record an excellent combined ratio of
around 97 percent for the year 2012.

The dividend policy of the Group remains unchanged.

--------------------------------------------------- [1] The business
figures are based on preliminary data; they are unconsolidated
and unaudited. All information provided is based on euro.

Further inquiry note:
VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
1010 Wien, Schottenring 30

Alexander Jedlicka
Head of Public Relations, Spokesperson
Tel.: +43 (0)50 390-21029
Fax: +43 (0)50 390 99-21029
E-Mail: alexander.jedlicka@vig.com

Nina Higatzberger
Head of Investor Relations
Tel.: +43 (0)50 390-21920
Fax: +43 (0)50 390 99-21920
E-Mail: nina.higatzberger@vig.com

end of announcement euro adhoc
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issuer: Vienna Insurance Group
Schottenring 30
A-1011 Wien
phone: +43(0)50 390-21919
FAX: +43(0)50 390 99-23303
mail: investor.relations@vig.com
WWW: www.vig.com
sector: Insurance
ISIN: AT0000908504
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien, stock market: Prague Stock Exchange
language: English