Company Profile For Great Eastern Holdings Ltd

Great Eastern Holdings Limited (GEH) is a Singapore-based investment holding company. The segments of the Company are Life Assurance, General Insurance and Shareholders segment. The Life Assurance segment comprises life insurance, long-term health and accident insurance and annuity business written, and includes the unit-linked business. The General Insurance segment provides cover for risks associated mainly with property and casualty related business. The Shareholders segment includes fund management business and general corporate income and expense items. The Company has operations in Singapore, Malaysia and Other Asia. Its wholly owned subsidiaries include The Great Eastern Life Assurance Company Limited, The Overseas Assurance Corporation Limited, Great Eastern International Private Limited, The Great Eastern Trust Private Limited and Island Securities Private Limited. As of December 10, 2008, Straits Lion Asset Management Limited ceased to be a subsidiary of GEH.

BRIEF: For the six months ended 30 June 2009, Great Eastern Holding Ltd.'s revenues totaled SP$408.9M, up from SP$48.3M. Net income totaled SP$334.7M, up from SP$60.7M. Revenues reflect increased life assurance profit from participating fund, investment linked fund and the presence of income from non-participating fund vs. a loss. Net income was partially offset by lower investment income, net and higher provision for impairment of assets.