Bancherul - BANCI / ENGLISH / Resolutions of the General Meeting of Shareholders of Fortis N.V. held on 1 December 2008

The General Meeting of Shareholders of Fortis N.V. has approved of the proposed appointments of Messrs. Etienne Davignon, Louis Cheung Chi Yan and Karel De Boeck to the Board of Directors of Fortis.

The percentage of the share capital represented in Utrecht today amounted to 21.67 %

If the General Meeting of Shareholders of Fortis SA/NV also approves of the proposed appointments of Messrs. Etienne Davignon, Louis Cheung Chi Yan and Karel De Boeck, a new Board of Directors will be officially formed. After approval by the relevant regulatory bodies (Banking, Finance and Insurance Commission in Belgium and De Nederlandsche Bank in the Netherlands), they will become the new Board of Fortis SA./NV and Fortis N.V..

Fortis holding (Fortis SA/NV and Fortis N.V.) will, after the conclusion of the deal with BNP Paribas, include only (1) international insurance activities, (2) a 66% stake in a structured credit portfolio entity and (3) financial assets and liabilities of various financing vehicles. The international insurance activities (Fortis Insurance International) are located in UK, France, Hong Kong, Luxembourg (Non-Life), Germany, Turkey, Russia, and Ukraine, and in joint ventures in Luxembourg (Life), Portugal, China, Malaysia, India and Thailand.

Fortis holding is therefore no longer involved in any banking activities, and once the deal with BNP Paribas is concluded, will concern only international insurance activities.