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W 053/08 PIN — Assicurazioni Generali S.p.A

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WAIVER NOTICE

To Assicurazioni Generali S.p.A
Address Office 49, Level 15, Business Centre, The Gate, DIFC, PO
Box 125115
DFSA Firm Reference No. F000666
Notice No. W053/2008

THE DFSA HEREBY GIVES NOTICE THAT:

The Rule specified in table herein does not apply to the above mentioned Person.

RULES WAIVED

Rulebook Module Rule
PIN Appendix 10 A10.2.3

CONDITIONS

The waiver in respect of the Rule specified above remains in effect for the duration of the period set out below, on condition that the above named Person to whom this notice applies submits to the DFSA annual and quarterly audited consolidated accounts for the Insurers’ Group prepared in accordance with the International Financial Reporting Standards (IFRS) and publishes those accounts on the Insurer’s website. Such accounts must be submitted to the DFSA within ten (10) days of the date upon which the Person is required to lodge the accounts with the Istituto per la Vigilanza sulle Assicurazioni Private e di Interesse Collettivo (ISVAP).

If the condition stated above is breached, this notice ceases to have effect forthwith and the Rule specified in the table herein apply to the above mentioned Person in the form set out in the applicable module of the Rulebook in force at the relevant time.

EFFECTIVE PERIOD

This notice comes into effect on the date of issue of this notice and remains in force until further notice.

INTERPRETATION

The provisions in this notice are to be construed in accordance with GEN section 6.2 as if these provisions are provisions of the Rulebook.

Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the Glossary (GLO). Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.

This notice was issued by:

THIS NOTICE IS ISSUED UNDER ARTICLE 25 OF THE REGULATORY LAW 2004 BY:

Name : Ian Johnston
Position : Acting Chief Executive
Date : 3 August 2008