Company Profile For SNS REAAL Groep N.V.

SNS Reaal NV is a Netherlands-based financial institution with a particular focus on the Dutch retail market, including small and medium-sized enterprises. The product range consists of three core product groups: mortgages and property finance, savings and investments, and insurance. SNS Bank sells its products in the field of residential and commercial mortgages, savings, investments and insurance through its own distribution channels, SNS Regio Bank and other intermediaries. REAAL Verzekeringen works primarily through independent intermediaries to sell life insurance, including unit-linked policies and pensions, and non-life insurance for example for home cover, mobility and disability insurance. SNS Asset Management manages the investments of REAAL Verzekeringen and the SNS REAAL Pension Fund, as well as the investment funds of SNS Bank and ASN Bank. SNS Asset Management also provides asset management for institutional investors.

BRIEF: For the six months ended 30 June 2009, SNS Reaal NV's total income increased 30% to EUR4.97B. Net loss from continuing operations totaled EUR26M, vs. a profit of EUR204M. Total income reflects an increase in revenues from the Property Finance business segment. Net loss from continuing operations reflects increased staff costs, higher depreciation charges and increased other operating expenses.