January 28, 2014

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: the "Company") hereby notifies its shareholders and other capital market participants that the Board of Directors, as the founder of the CIG Pannónia First Hungarian General Insurance cPlc. (hereinafter: "EMABIT") decided on a share capital increase by HUF 5.000.000,- (that is five million Hungarian forint).

The share capital increase was in the form of private placement by issuing five pieces of new dematerialized, registered ordinary shares with a face value of HUF 1.000.000,- (that is one million), issue price 50.000.000,- (that is fifty million), with the payment of monetary contribution. The new shares incorporate the same rights as the previously issued ones.
Due to the capital increase the share capital of the EMABIT increased to HUF 1.025.000.000,- (that is one billion twentyfive million Hungarian forint), which consist of 1.025,- pieces of ordinary shares each with a face value of HUF 1.000.000,- (that is one million). The margin between the face value and the issue price of the shares, so as HUF 245.000.000,- (that is two hundred fourty-five million Hungarian forint) were placed into EMABIT's capital reserve.

CIG Pannónia Life Insurance Plc.

Disclaimer: All information contained within this article is for information purposes only, and shall not be considered an official translation of the official communication referred to herein. This document does not include the integral wording of the official communication referred to herein, the original Hungarian language version of it remains to be the solely legally binding material in the subject matter. For further information, please do not hesitate to contact us.

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