MLP welcomes Talanx’s stake in MLP

• Statement regarding today’s announcement

Wiesloch, 24th March 2009 – Talanx announced today, that it has acquired an 8.4 percent stake in MLP AG from Swiss Life. Together with a stake that was acquired over the past months and with the approval of MLP, Talanx now holds 9.9 percent in MLP. At the same time, Swiss Life reduces its holding in MLP to 15.9 percent and is planning to further reduce this stake below a shareholding of 10 percent.

MLP’s Executive and Supervisory Boards, who were recently informed of the planned measures, welcome the reduction of Swiss Life’s stake which they had requested since the original announcement. They also welcome the fact that Talanx, a long-term product partner of MLP, has acquired a stake in the company. The clear commitment of both parties to MLP’s independent business model forms the basis for a trustful cooperation. Against the background of today’s announcement, MLP will support Swiss Life’s further reduction of its stake and the negotiations with interested parties over the coming weeks.

As repeatedly stated, the independence of MLP’s product providers is a crucial component of its business model, which provides critical added value to its clients, consultants and shareholders. At the core of this independence is a comprehensive selection process that is solely based on the product and service quality of the product providers.