MEAG German SuperStores rewards investors richly

The real-estate special fund MEAG German SuperStores (GSS) returned 8.8 % in the 2006 financial year. Since its issue in 2004 the GSS has rewarded its investors with an average return of 9.3 % p.a.
The fund invests in large retail properties in Germany. The investment phase will be completed this year. There are currently six properties being looked at for a potential investment to the value of more than Euro 150 million. The equity has been fully invested since the beginning of 2006.
MEAG MUNICH ERGO AssetManagement GmbH in München is the asset manager for Munich Re and ERGO Versicherungsgruppe. MEAG has an international orientation with units in New York and Hong Kong, and in addition to managing the group's own assets it also focuses strongly on partners outside the Munich Re group. MEAG currently manages assets to the value of around Euro 184 billion, of which around Euro 15 billion are in real estate.

Munich, 30 March 2007

Contact:
Dr. Josef Wild
Telephone: +49 89 | 2489 - 2072
Fax: +49 89 | 2489 - 2075
Email: JWild@meag.com