Press Release: Delisting of Nationale Suisse shares

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   March 25, 2015 02:00 ET (06:00 GMT)- - 02 00 AM EDT 03-25-15

-2 of 2- 25 Mar 2015 06:00:00 UTC  Press Release: Delisting of Nationale Suisse shares

Nationale Suisse / Delisting of Nationale Suisse shares . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

The Cantonal Court of Appeal of Basel-Stadt has declared the shares in Nationale Suisse that are not held by Helvetia to be invalid. Based on this judgement and the delisting decision of SIX Exchange Regulation, all Nationale Suisse registered shares (NATN, Swiss security number 10.069.964) will be delisted with effect from 7 April 2015. The final trading day for the shares has been set for 2 April 2015.

As part of the public purchase and exchange offer submitted by Helvetia Holding AG ("Helvetia"), St. Gallen, for all of the shares in Swiss National Insurance Company Ltd ("Nationale Suisse"), Basel, Helvetia applied to the Cantonal Court of Appeal of Basel-Stadt on 18 November 2014 to have the remaining shares in the company declared invalid. The judgement handed down by the Cantonal Court of Appeal of Basel-Stadt on 18 March 2015 is a final and binding decision, which declares as invalid all shares in Nationale Suisse which are not held either directly or indirectly by Helvetia in accordance with the Swiss Stock Exchange Act.

Helvetia will grant compensation to the holders of the shares that have been declared invalid. This compensation shall be equal to the amount of the offer price as per the public purchase and exchange offer of 8 August 2014, i.e. a cash component of CHF 52 and an equity component of 0.0680 Helvetia registered shares per National Suisse share, to be paid out from 14 April 2015 onwards. The Helvetia shares allocated will carry the entitlement to payment of a dividend for the 2014 financial year.

Based on the judgement of the Cantonal Court of Appeal of Basel-Stadt and in accordance with the delisting decision of SIX Exchange Regulation of 18 December 2014, Nationale Suisse has notified the Stock Exchange of the last trading day and the delisting date. All Nationale Suisse registered shares, with a nominal value of CHF 0.40 each (NATN, Swiss security number 10.069.964), will be delisted from the Main Standard of SIX Swiss Exchange Ltd on 7 April 2015. The final trading day for Nationale Suisse shares has been set for 2 April 2015.

Brief profile

Nationale Suisse is an innovative and international Swiss insurance group providing first-rate risk and pension solutions in non-life and life business as well as tailored specialty lines products. Nationale Suisse has been part of the Helvetia Group since October 2014. The plan is to integrate Nationale Suisse fully into Helvetia. The consolidated gross premiums of Nationale Suisse came to CHF 1.5 billion in 2013. The headquarters of Swiss National Insurance Company Ltd are in Basel. On 30 June 2014, the Nationale Suisse Group employed 1 903 staff (full-time equivalents).

Information Christina Wahlstrand-Hartmann Nationale Suisse Media Relations / Investor Relations Steinengraben 41 Phone +41 61 275 28 11 4003 Basel Fax +41 61 275 22 21 Switzerland media.relations@nationalesuisse.com www.nationalesuisse.com

Disclaimer and exclusion of liability

The purpose of this press release is to inform the public about certain events or developments arising from the company's business. The information published in this article is not an advertisement, offer or recommendation to engage in transactions involving securities or other products of Nationale Suisse or any other type of transaction. This press release may contain certain forward-looking statements. Even if these forward-looking statements reflect the opinion and expectations of Nationale Suisse, a number of risks, uncertainties and other important factors may lead to actual developments and results differing strongly from the expectations of Nationale Suisse. It is pointed out expressly that the statements and projections contained in this press release are selective in nature. Nationale Suisse provides no guarantee, either explicitly or implicitly, regarding the accuracy and completeness of the statements and forecasts published in this press release. Neither Nationale Suisse nor its executive bodies or senior managers accept any liability for any damage or losses arising directly or indirectly from the use of this press release. Unless otherwise provided by applicable binding law Nationale Suisse is under no obligation to update or amend the statements contained in this press release, be it in response to new information, future events or any other reasons.

Updated post-publication information is available on our website www.nationalesuisse.com. You may find further details and forecasts about the business of Nationale Suisse there.

Press release: http://hugin.info/100296/R/1905781/678305.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Nationale Suisse via Globenewswire

HUG#1905781

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Nationale Suisse

Steinengraben 41 Basel Switzerland

WKN: 1081197;ISIN: CH0010811971;

http://www.nationalesuisse.com (END) Dow Jones Newswires

   March 25, 2015 02:00 ET (06:00 GMT)- - 02 00 AM EDT 03-25-15