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The SWX Swiss Exchange Initiates Investigation Against SCOR Holding (Switzerland) AG [Formerly Converium Holding AG]

Date 17/10/2007

The SWX Swiss Exchange has instituted an investigation against SCOR Holding (Switzerland) AG regarding a possible violation of Art. 72 of the Listing Rules and the Directive on Ad hoc Publicity. The preliminary investigation conducted by the SWX has revealed that the aforementioned rules may have been violated in connection with the nomination of the company’s new Management Committee. The duration of these investigative proceedings has not been determined. SWX will announce the ultimate results, but will not provide any further information concerning the ongoing proceedings.