ITALY : GAN ITALIA BECOMES GROUPAMA ASSICURAZIONI

26 may 2006 In May 2006, the 125th anniversary of our presence in Italy, the various entities of the subsidiary assumed the Groupama name. The brand name is now Groupama Assicurazioni. By changing this name, Groupama confirms its presence and its commitment in the Italian market.

Key figures  -  Contribution to the Group's premium income: €544 million, up 3.6%/2004, of which €353 million in Non-life insurance and €191 million in Life.  -  Contribution to the Group's net income: €17 million  -  390 employees  -  500,000 customers   Groupama Assicurazioni website : www.groupama.it

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