Stable profit and premium growth in all business lines
Expansion in Turkey and merger with Agis

- Net profit stable at EUR 979 million compared to EUR 985 million in 2006.
- Total contributions insurance and investment contracts increased by 5%, to EUR 15,610 million from EUR 14,925 million in 2006.
- Value of new business (life insurance) up to EUR 67 million, from EUR 58 million in 2006.
- Total equity improved by 8% to EUR 10,375 million from EUR 9,632 million in 2006.
- Return on adjusted equity at 12.9% from 14.7% in 2006.
- Debt leverage increased to 11.0% from 6.1% in 2006.
- Earnings per share stable at EUR 2.92.
- Proposed final dividend per ordinary share of EUR 1.41 at the option of the shareholder in cash and/or stock, unchanged from 2006.
- Exposure to sub prime negligible; no losses incurred.

Notes:
Return on adjusted equity is excluding goodwill, preference shares and other equity instruments (tier-1 capital securities).
Agis is not included in the income statement as this transaction was closed on 31 December 2007. The balance sheet as at 31 December 2007 includes Agis figures.

Press conference will start at 11:00 CET at Eureko headquarters in Zeist and can be viewed live on www.eureko.net and www.achmea.nl in Dutch and English.

Conference call for investors and analysts will start at 14:00 CET. More details on Eureko website: www.eureko.net.

For more information call David van Eeghen, media relations officer Eureko:
+31 6 53169997

Eureko's Financial Statements are prepared in accordance with International Financial Reporting Standards as adopted by the European Union and will be submitted for approval to the General Meeting of Shareholders of 9 April 2008.
All figures in this press release are unaudited.

Eureko will publish its 2007 Annual Report and Embedded Value Report on April 22.

CHAIRMAN'S STATEMENT RESULTS 2007
Challenging markets
We may look back on 2007 with considerable satisfaction. After some drawbacks in the first half of the year, the second half of 2007 outperformed the same period in 2006, resulting in a stable (- 1%) full-year net profit in 2007 of EUR 979 million (2006: EUR 985 million). Eureko's total contribution insurance and investment contracts in 2007 increased 5% to EUR 15,610 million (2006: EUR 14,925 million).

In 2007, our 'power brands' again proved their strength in the challenging Dutch markets. Our non-life insurance business showed 9% premium growth despite strong competition and pressure on prices. Windstorm Kyrill had an impact of EUR 132 million on our results.
The value of new business in the life insurance business increased to EUR 67 million, up 16%.
Profit before tax of Eureko's total health business increased to EUR 141 million despite excessive claims on supplementary health insurance policies. Total health business includes basic health insurance and supplementary health insurance with a combined loss of EUR - 14 million and occupational health insurance with a profit before tax of EUR 166 million. Results benefited from the good performance of our occupational health insurance business and lower provisions related to the financial consequences of premium setting for 2008 for basic health insurance.
Another important contributor to net profit in 2007 were the results from our strategic position in the Polish insurer PZU.

Important highlights in 2007

Merger with Agis
As a result of the merger with health insurer Agis, which was closed in December, Eureko's Dutch operation Achmea has become the largest health insurance group in the Netherlands, with a total of 4.7 million persons insured, resulting in a market share of 29% (without Agis 21%). Apart from the obvious advantage of combined purchasing power in the Dutch health market, Achmea and Agis have much to offer one another. Agis is very good at targeting at specific groups in the individual market, e.g. Dutch residents from international backgrounds. In its turn, Achmea is well represented in the group market with a comprehensive package covering health care and occupational health.

Growth in Europe
Outside the Netherlands, during the reporting year, Eureko has made considerable progress in implementing its growth plans in the region of Central and Eastern Europe. The transaction with Turkish bank Garanti, in which Eureko acquired 80% of Garanti Bank's non-life insurance business and a 15% stake in its life insurance and pension operations (with an option to acquire a further 35%) included an exclusive long-term distribution agreement through Garanti Bank.
The agreement with Garanti Bank resulted in a company name change and the 'Eureko Sigorta' brand was launched on the Turkish market.

Streamlined processes
We constantly strive to improve our cost-efficiency. We can achieve this with streamlined processes and shared service centers. Examples of streamlined processes in 2007 include the formation of Achmea Rechtsbijstand (legal aid) and Achmea Schadeservice (non-life claims administration), whose services were formerly provided by several different service departments at brands Centraal Beheer Achmea, FBTO and Interpolis. In 2007, we announced the outsourcing of the infrastructure services of our IT-systems to KPN, Getronics and Atos Origin.

Non-Life insurance market

Profit before tax of our non-life business decreased by 38% from EUR 474 million in 2006 to EUR 296 million in 2007. The main reasons for this decline were the windstorm Kyrill and the occurrence of an exceptionally number of large fires. Results in the second half of 2007 outperformed the same period in 2006. Market share growth in 2007 has been achieved even though the non-life market in the Netherlands is very competitive and pressure on premiums on property and motor insurances is significant. Our Dutch market share increased from 20.1% in 2006 to 21.3% in 2007. Achmea remains market leader in the Dutch non-life insurance market.

Life insurance market

Eureko achieved 16% growth in the value of new life insurance business in 2007, mainly as a result of our operations in Ireland and our Division Bank Distribution in the Netherlands. Value of new business in the Netherlands needs attention, particularly in pensions. This will be an important focus for the coming years.

Total contributions of our life insurance business grew 2% to 5,174 million. In 2007 the Dutch market for unit-linked products came under pressure. In the past year there has been some negative publicity about this type of financial products. Several interest groups argue that in the past information on these products was inadequate. In 2007 Achmea investigated its unit-linked policies from 1993 onwards. Overall conclusion is that Achmea adhered to the laws and regulations that were in force at the time of sale. This applies to the way products were structured and the costs incorporated as well as for other written information, such as brochures and policy conditions. In addition, in 2008, the recommendations of the De Ruiter Committee will be fully implemented.
On 4 March the Ombudsman presented his recommendation. Eureko supports the recommendations, provided it will lead to a binding agreement supported by all stakeholders involved and the supervisory authorities. Eureko has not taken any provisions related to this topic in 2007.

As from January 1, 2008 banks have the opportunity to sell savings and retirement products that used to be exclusive for insurers. From a customer perspective these new products have the same fiscal treatment as life insurances related to mortgages and annuities. With these changes banks have become serious competitors for insurers.

Health insurance market

After a turbulent year of transition in 2006, in which the reform of the healthcare system was implemented and many policyholders changed insurance company, Achmea's health insurance business reached calmer waters in 2007. We managed to improve the quality of our operations in health substantially. The reorganisation that began in 2006 is now bearing fruit in the form of cost control and improved service levels. Vivid examples of this include the nr. 1 position in the Dutch Consumers' Association opinion poll on the response to Internet inquiries by the Achmea health insurance brands. In 2007 Achmea health brands also reached nr. 1 position in a study carried out by a Dutch newspaper on the telephone accessibility of Dutch health insurance companies.

The first half of 2007 saw a considerable increase in claims on supplementary insurance policies, most notably in our Broker Distribution Division. Physiotherapy and orthodontic claims, in particular, were much higher than expected.
We revised the conditions of these policies as of the beginning of 2008 to prevent further excessive claim behaviour in the future.

European markets

Eureko's European operating companies outside the Netherlands contributed 8% to Eureko's gross written premiums with EUR 1,243 million in 2007 (2006: EUR 884 million) and 13% to the total contributions insurance and investment contracts. The robust half year profit before tax of our new operating company, Eureko Sigorta (ex-Garanti), of EUR 15 million is already above expectations for this year. Interamerican Romania was one of the first companies in 2007 to be granted a pensions licence, in the wake of the pensions reform introduced in that country. The initial marketing phase has been very successful, with some 270,000 new clients.
Friends First, in Ireland, continued to demonstrate good progress, coupled with strong results in life business. The company holds a significant (6th) position in the Irish market.

Eureko's long-running dispute with the Polish government over the agreement to acquire further shares in state-owned insurer PZU has continued beyond the first phase of the international arbitration. We were very successful in the arbitrage so far and amongst others won two appeals from the Polish Government. In February 2008 a 'negotiation memorandum' was concluded by the Polish government and Eureko to conduct negotiations and to work out the settlement.

Outlook

In 2008, we expect marginal growth and continued price competition in the non-life segment in the Dutch insurance market. The life segment is shrinking due to fierce competition and new legislation. We expect modest growth in pensions and some shrinkage in occupational health services. We expect to further improve our results in 2008 with our basic health insurance product and generate a profit in the supplementary health insurance market.

Eureko will continue to focus on growth in the Central and Eastern Europe region.
The merger process within Eureko is not confined to collecting different brands under one roof. It is a long-term streamlining process in which shared service centres will offer their services through a logically diversified and market-oriented front office. When it comes to this merger process Eureko is an organisation 'under construction' showing promising results.


This goes hand in hand with continuous focus on employee morale and IT systems where cost control is an unavoidable focus. The Executive Board will focus on these challenges in 2008.

The developments in the financial markets in the first months of 2008 may have their influence on our results. Eureko's total exposure to US sub prime and UK non-conforming mortgage related assets is less than EUR 25 million. If the current levels of the equity markets persist during the rest of the year, this will put a strain on the realisation of capital gains from investments. For Eureko, higher financing costs could be the effect of the recent credit market turmoil.

Operational expectations for 2008 are positive despite challenging markets.
Eureko has built a diversified product portfolio and a well-balanced distribution mix with top brands. We are a top three player in almost all segments of the Dutch market for insurance, pensions and employability. But we have only just begun. Synergic value creation, innovation and strengthened distribution lines will be the main themes in the coming years. And we will continue growing in the Central and Eastern Europe region.


Maarten W. Dijkshoorn
Chairman and Chief Executive Officer of
Eureko B.V.
18th March 2008