The international stock markets took off soaring.

The international stock markets took off soaring during the first half of 2007. New historic highs were reached in some cases. With the open outbreak of the US mortgage crises, the continuing liquidity bottleneck and widespread loss of trust by investors, the markets then entered a volatile phase. It was, nevertheless, possible to partially recover from the price declines by the end of the year. As a result, most exchanges ended 2008 with gains.

Stock exchanges see gains despite financial market crisis

In the USA, the DOW JONES INDUSTRIAL AVERAGE was up 6.4% at the end of the year, after an all-time high of 14,198.10, and the technology index NASDAQ COMPOSITE was even up by 9.8%. The representative index for Europe, the DJ EURO STOXX 50, saw a gain of 6.8%. The insurance stocks included in the index DJ EURO STOXX Insurance, on the other hand, suffered a loss of 10.1%. Top performers among the stock exchanges in Europe were the DAX (+22.3%) as well as the share indices of the Ukraine, Slovenia, Russia, the Czech Republic and Norway.

In the Far East, the Shanghai Composite shone with an annual gain of 97%. The Japanese NIKKEI 225, on the other hand, fell by about 11%.

Consolidation on the Vienna Stock Exchange

The Vienna Stock Exchange exhibited a phase of consolidation after years as a top performer within Europe. The ATX started with gains and hit a new record of 5,010 points at mid-year. Then the massive corrections set in. The ATX finished 2007 at 4,512.98 points, for an annual gain of 1.1%.

Despite the volatile market attitude, more than €10 billion in fresh capital was brought in during 2007, through seven IPOs as well as capital increases, and the largest flotation in the history of the Vienna Stock Exchange was performed. The market capitalisation at the Vienna Stock Exchange increased considerably to €157 billion.

UNIQA shares in a difficult environment

The UNIQA SHARES started the year 2007 promisingly at €25.09. In accordance with the general stock market trend, the market price rose considerably, primarily during the 2nd quarter. The price reached an annual high of €28.10 on 25 April.

In the increasingly difficult environment, particularly for insurance stocks, that worsened further in July with the irritations on the international financial markets, UNIQA stock as well as the index DJ EURO STOXX Insurance entered into a downward trend, interrupted by brief recoveries. The final price at the end of 2007 was €20.95 per share.

Share key figures	2007 €	2006 €	2005 €	2004 €
Stock market price of UNIQA SHARES as at 31 Dec.	20.95	25.09	23.40	10.60
High	28.10	29.86	23.65	11.00
Low	20.36	22.35	10.60	7.85
Ø Trading volume/day in € million	3.4	4.7	3.1	0.2
Market capitalisation as at 31 Dec. in € million	2.509	3.005	2.803	1.270
Pre-tax earnings per share	2.07	1.27	0.94	0,74
Dividend per share	0.501)	0.35	0.26	0.22
1) Proposal to the Annual General Meeting.

Development of UNIQA SHARES

Increasing attention by analysts

Our communication with analysts and investors on all information channels has led to increased attention on our insurance group by the financial community. We once again took part in roadshows and investor conferences, and held a number of investor meetings. A rising number of international investment banks and analyst teams watched UNIQA and published recommendations for the financial community. These recommendations can be read at any time on our Internet site.

Investment experts and analysts of the following companies are currently studying our company:

• Raiffeisen Centrobank
• UniCredit
• Credit Suisse
• Société Générale
• Erste Bank
• Morgan Stanley
• CA Cheuvreux

Stable shareholder structure

Shareholder structure of UNIQA Versicherungen AG

Our shareholder structure remained unchanged in 2007. Austria Versicherungsverein Beteiligungs-Verwaltungs GmbH holds 35.24%, BL Syndikat Beteiligungs Gesellschaft m.b.H. holds 31.95%, UQ Beteiligung GmbH holds 6.97%, NÖ Landes- Beteiligungsholding GmbH holds 5.22% and Collegialität Versicherung auf Gegenseitigkeit holds 3.23% of the share capital of the Group’s parent company, UNIQA Versicherungen AG. Due to their voting commitment, the shares of Austria Versicherungsverein Beteiligungs-Verwaltungs GmbH, BL Syndikat Beteiligungs Gesellschaft m.b.H. and Collegialität Versicherung auf Gegenseitigkeit are counted together. The portfolio of own shares remained unchanged at 0.29% at the end of 2007. The free float remained at 17.10%.

Information on UNIQA SHARES
Securities abbreviation	UQA
Reuters	UNIQ.VI
Bloomberg	UQA.AV
ISIN	AT0000821103
Market segment	Vienna Stock Exchange
Trade segment	Official tradingl
Indices	ATXPrime, WBI, VÖNIX
No. shares	119,777,808

UNIQA continues in sustainability index

After its departure from the ATX, UNIQA remains in the Prime Market of the Vienna Stock Exchange as well as in the sustainability index VÖNIX, which is made up of 29 companies. This index was started in 2005, and includes publicly listed companies that are committed to sustainability as an economic success factor through consideration of environmental and social goals.

The performance of these companies in the VÖNIX demonstrates that sustainability, corporate citizenship and corporate social responsibility also pay off for investors. By the end of the second year since the launch of the sustainability index, the VÖNIX was able to gain 79.7% and beat the ATXPrime as a benchmark by over 15 points.

Current information for the financial world

We keep our shareholders and the financial world constantly informed about current developments through the modern communications tools of investor relations. Our annual reports, quarterly reports and ad hoc releases are made available in writing or online via the website www.uniqagroup.com These reports and information can also be obtained in English at any time from our Investor Relations department.

Financial Calendar 2008

19 May 2008: Annual General Meeting

30 May 2008: 1st Quarterly Report 2008, Conference Call

2 June 2008: Ex-Dividend Day, Dividend Payment Day

29 August 2008: 2nd Quarterly Report 2008, Conference Call

27 November 2008: 3rd Quarterly Report 2008, Conference Call