Nationale Suisse is buying back the 8% of its shares held by Coop. Anton Felder, member of the Board of Directors and Chairman of the Audit Committee of Nationale Suisse Insurance Company, has resigned from the Board of Directors. Dr. Andreas von Planta, Vice-Chairman of the BoD, will take over as Chairman of the Audit Committee. Nationale Suisse has decided to buy back the package of Nationale Suisse Insurance Company shares held by Coop on 3 July 2007. In all, 84,000 registered shares, making up 8% of the total share capital, have been repurchased. Coop had bought the package in the context of the sale of Coop Leben and Coop Allgemeine Versicherung in 2001. Since cooperation between Coop and Nationale Suisse had dropped off in recent years, Coop no longer considered the 8%-package a strategic participation. As yet, Nationale Suisse has not taken any decision on how to use the repurchased shares. To gain more freedom of action and in the light of the changed constellation between Coop and Nationale Suisse, Anton Felder, member of the Board of Directors and Chairman of the Audit Committee since 2002, resigned from the Board of Nationale Suisse Insurance Company with effect from 30 June 2007. As Chairman of the Board of Directors of Coop, Mr. Felder will - subject to the approval of the Federal Competition Commission - be taking a seat on the strategic management body of Dipl. Ing. Fust AG, following that company's take-over by Coop. Nationale Suisse very much regrets Mr. Felder's decision to step down and thanks him most sincerely for his strong and knowledgeable commitment to the Board's work and to the company. Dr. Andreas von Planta has been appointed the new Chairman of the Audit Committee. Dr. von Planta was first elected to the Board of Directors of Nationale Suisse Insurance Company in 1997 and has been its Vice-Chairman since 2001. The Board of Directors has also chosen Dr. Balz Hösly to join the Audit Committee. Felix M. Stählin is leaving the Audit Committee, on which he served for two years, but remains a member of the Board of Directors. Mr. Stählin is resigning at his own request, as he has in the meantime completed the tasks that he had continued to perform for the company after his retirement and would now like to scale down his activities. Brief profile Nationale Suisse is an innovative, The headquarters of international Swiss insurer providing Nationale Suisse is in first-rate risk and pension solutions and Basel. Nationale Suisse tailored niche products. The Group has gross is listed on the SWX premiums of CHF 1.74 billion, approximately Swiss Exchange (NATN). 35% of which come from subsidiaries in On 31 December 2006 the Germany, France, Italy, Belgium and Spain. Group employed 2,013 persons (1,884 FTEs). Downloads Disclaimer You can access this media release and the new Any forward-looking advertisement on our website statements contained in www.nationalesuisse.ch. this article consist of estimates, assessments and forecasts. The influence of uncertain and unforeseeable circumstances and certain risks may mean that actual performance deviates significantly from our expectations. Auskünfte Sabrina Pagnetti Head of Information & Communication Tel. +41 61 275 22 33 Fax +41 61 275 22 21 [email protected] Nationale Suisse Steinengraben 41 4003 Basel www.nationalesuisse.ch --- End of Message --- Nationale Suisse Steinengraben 41 Basel WKN: 1081197; ISIN: CH0010811971; Index: SMCI, SPI, SPIEX; Listed: Main Market in SWX Swiss Exchange;