FORTIS (EBR:FORB) Resolutions Of The General Meeting Of Shareholders Held On 1 And 2 December 2008

FORTIS (EBR:FORB) The General Meetings of Shareholders of Fortis N.V. and Fortis SA/NV have adopted the proposals to elect Louis Cheung Chi Yan and Karel De Boeck to the Board of Directors.

The percentage of the share capital represented in Utrecht and Brussels was: General Meeting of Shareholders Fortis N.V. in Utrecht: 21.62% General Meeting of Shareholders Fortis SA/NV in Brussel: 23.39%

The shareholders voted on proposals to elect to the Board of Directors Viscount Etienne Davignon, Jan-Michiel Hessels, Philippe Bodson, Louis Cheung Chi Yan and Karel De Boeck.

Louis Cheung Chi Yan has been elected to serve as non-executive director until the close of the AGM 2009. Karel De Boeck has been elected to serve as executive director until the close of the AGM 2010.

The meeting voted against the proposed (re-)election of Viscount Davignon, Jan-Michiel Hessels and Philippe Bodson.

Since fewer than three new members have been elected, the present Board of Directors, with the addition of Karel De Boeck, the newly elected executive director, will temporarily remain in office.

The Board of Directors will convene a new General Meeting as soon as reasonably possible. The election of new Board Members will be on the agenda of that meeting.

With regard to that General Meeting, shareholders that represent at least 1% of the capital of Fortis or own units of which the market value is at least equal to EUR 50 million will also be able to nominate candidates. The period in which such nominations can be made as well as the date of the General Meeting will be notified later.

Fortis (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.



Press Contacts: Brussels: +32 (0)2 565 35 84 Utrecht: +31 (0)30 226 32 19 Investor Relations: Brussels: +32 (0)2 565 53 78 Utrecht: +31 (0)30 226 65 66

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/134212/R/1274741/283563.pdf

FORTIS

http://www.fortis.be

ISIN: BE0003801181
Stock Identifier: XBRU.FORB

US: PINKSHEETS:FORSY