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December 16, 2004
| Results of Share Repurchase through ToSTNeT-2 |
To whom it may concern:
NIPPONKOA Insurance Co., Ltd.
President: Ken Matsuzawa
We hereby inform you that NIPPONKOA Insurance Co., Ltd. repurchased its
own shares today, which we announced on December 15, 2004, as follows:
| 1. Basis for Repurchase : |
|
Own share repurchase pursuant to the provisions of Article 211-3, Section
1, Paragraph 3 of the Commercial Code of Japan |
| 2. Type of shares repurchased: |
|
Common stock of NIPPONKOA Insurance Co., Ltd. |
| 3. Number of shares repurchased: |
|
8,242,000 shares |
| 4. Repurchase Cost: |
|
5,340,816,000 yen |
| 5. Date of Repurchase: |
|
December 16, 2004 |
| 6. Method of Repurchase: |
|
Repurchased on ToSTNeT-2, the Tokyo Stock Exchange |
<Reference>
Contents of the resolution of the meeting of the Board of Directors (announced on December
10, 2004):
| (1) Type of shares to be repurchased: |
|
Common stock of NIPPONKOA Insurance Co., Ltd. |
| (2) Total number of shares authorized for repurchase: |
|
Up to 10 million shares |
| (3) Total cost of shares authorized for repurchase: |
|
Up to 7.5 billion yen |
| (4) Progress as of December 16, 2004 : |
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- Aggregate number of shares repurchased: 8,242,000 shares |
|
|
- Aggregate acquisition cost: 5,340,816,000 yen |
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