Allianz SE

Notice of Dividend Amount • Feb 22, 2007

News Details

Ad-hoc | 22 February 2007 07:30

Allianz SE: Dividend proposal

Allianz SE / Dividend

Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company
of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Dividend

The Board of Management will submit a proposal to increase the dividend of
2.00 euros to 3.80 euros per share to the Supervisory Board.

Outlook

Based on the business results for 2006 – partly adjusted for the
particularly favorable natural catastrophe trend – from 2007 the business
targets envisage operating profit growth in the region of 10 percent per
year until 2009. In property and casualty business the average
combined ratio during the same timeframe is expected below 94 percent,
while in the life and health business the margin for new business should
exceed 3 percent. Dresdner Bank is aiming for an average return on risk
adjusted capital of more than 15 percent per year. In Asset Management the
objective is to grow third party assets by 10 percent before exchange rate
effects.
The above statements are subject to the proviso that no extraordinary
natural disasters or adverse developments in the capital markets restrict
our profitability.

These assessments are, as always, subject to the disclaimer provided below.

End of message

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Information and Explaination of the Issuer to this News:

Cautionary Note Regarding Forward-Looking Statements:

Certain of the statements contained herein may be statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and unknown
risks and uncertainties that could cause actual results, performance or
events to differ materially from those expressed or implied in such
statements. In addition to statements which are forward-looking by reason
of context, the words ‘may, will, should, expects, plans, intends,
anticipates, believes, estimates, predicts, potential, or continue’ and
similar expressions identify forward-looking statements. Actual results,
performance or events may differ materially from those in such statements
due to, without limitation, (i) general economic conditions, including in
particular economic conditions in the Allianz Group's core business and
core markets, (ii) performance of financial markets, including emerging
markets, (iii) the frequency and severity of insured loss events, (iv)
mortality and morbidity levels and trends, (v) persistency levels, (vi) the
extent of credit defaults (vii) interest rate levels, (viii) currency
exchange rates including the Euro-U.S. Dollar exchange rate, (ix) changing
levels of competition, (x) changes in laws and regulations, including
monetary convergence and the European Monetary Union, (xi) changes in the
policies of central banks and/or foreign governments, (xii) the impact of
acquisitions, including related integration issues, (xiii) reorganization
measures and (xiv) general competitive factors, in each case on a local,
regional, national and/or global basis. Many of these factors may be more
likely to occur, or more pronounced, as a result of terrorist activities
and their consequences. The matters discussed herein may also involve risks
and uncertainties described from time to time in Allianz SE’s filings with
the U.S. Securities and Exchange Commission. The company assumes no
obligation to update any forward-looking information contained herein.

No duty to update
The company assumes no obligation to update any information contained
herein.

This is not an offer (or the solicitation of an offer) to acquire or sell
any securities in any jurisdiction.

DGAP 22.02.2007

Language: English
Issuer: Allianz SE
Königinstr. 28
80802 München Deutschland
Phone: +49 (0)89 38 00 - 41 24
Fax: +49 (0)89 38 00 - 38 99
E-mail: investor.relations@allianz.com
WWW: www.allianz.com
ISIN: DE0008404005
WKN: 840400
Indices: DAX-30, EURO STOXX 50
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Stuttgart, München, Hamburg, SWX;
Terminbörse EUREX; Foreign Exchange(s) London, NYSE

End of News DGAP News-Service

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