On 19 August 2013, the Dutch State submitted a restructuring plan for SNS REAAL to the European Commission. The restructuring plan has been drawn up in close consultation between the Dutch Ministry of Finance and SNS REAAL.

The European Commission currently has this plan under consideration. This afternoon, the Ministry of Finance sent a letter to the House of Representatives in which it informs them that the plan submitted contains a proposal to split up the banking and insurance activities so that the insurer and the bank may then (over time) be sold separately. REAAL/Zwitserleven would then, just like a.s.r., play a role in the expected consolidation in the insurance market. It has been proposed to the European Commission that SNS Retail Bank continues to exist independently, so that a sufficient number of competitors will remain active in the Dutch market.

For more information please contact

Corporate Communications

Chantal van den Berg

+31 (0)6 - 51 41 49 69

corporatecommunicatie@snsreaal.nl

Jeroen de Graaf

+31 (0)6 - 18 30 65 75

corporatecommunicatie@snsreaal.nl

Investor Relations

Jacob Bosscha

+31 (0)30 291 42 46

jacob.bosscha@snsreaal.nl

Kagan Köktas

+31 (0)30 291 42 47

kagan.koktas@snsreaal.nl

distributed by