1 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20081

2 Cathay Life Insurance Ltd. (Vietnam) 26 Sep Agenda (A) Engaged Project this month: Products submission status. Market information update. Policy issued analysis. NB Premium Income-by products (Jan ~ Jun 2008) (B) Planning Project next month: New products submission.

3 Cathay Life Insurance Ltd. (Vietnam) 26 Sep (I) Product Submission Status: A02(Single Endowment), R01(Personal Accident Rider) & R02(Child Accident Rider) were send to MOF on Sep 4 th. G01(Group Term Life), G02(Group Accident Rider – in process. R03(Waiver Rider) － need to be translated to Vietnamese Declaration Interest Rate: ENGAGED PROJECT THIS MONTH Month7 & 8910 Rate11% 11%* *estimated

4 Cathay Life Insurance Ltd. (Vietnam) 26 Sep ENGAGED PROJECT THIS MONTH (II) Market information: Dai-ichi Life opens northern office in Bac Giang. Great Eastern starts operations on Sep 12 th. (Head office: Hanoi, Branch offices: Hanoi & HCM, Initial capital: $40 mil.). A non-life insurance company, Mitsui Sumitomo Insurance, received a licensed on Sep 19 th. Standard Charter Bank sells insurance policies. MOF: AIG Vietnam unaffected by US economic crisis.

5 Cathay Life Insurance Ltd. (Vietnam) 26 Sep ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis:( 4 th Jul ~ 22 nd Sep) By product ProductJul.Aug.Sep.Total A (28.5%) C (1.4%) C (2.4%) C (37.6%) C (30.1%) Total

6 Cathay Life Insurance Ltd. (Vietnam) 26 Sep ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis :( 4 th Jul ~ 22 nd Sep) By sex of Insured AgeMF 0~ ~ ~ ~ Total By Payment Mode Payment mode# of Policy Single1 (0.2%) Monthly59 (9.3%) Quarterly89 (14.0%) Semi Annually80 (12.6%) Annually406 (63.9%)

7 Cathay Life Insurance Ltd. (Vietnam) 26 Sep ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis :( 4 th Jul ~ 22 nd Sep) Prod Total Annualized Prem. (in million) Avg. Annualized Prem. Per Policy (in million) A C C C031, C041, Tot3, Average ANP on the whole market is around 0.34 mil (Term) and 4.3 mil (Endowment).

8 Cathay Life Insurance Ltd. (Vietnam) 26 Sep ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis :( 4 th Jul ~ 22 nd Sep) Prod Total Sum Assured ( in million) Avg. Sum Assured Per Policy (in million) A0114, C C021, C03*8, C0415, Tot39, For C03 here is the Sum Assured at issue. Average SA on the whole market is around mil (Term) and (Endowment) only.

9 Cathay Life Insurance Ltd. (Vietnam) 26 Sep ENGAGED PROJECT THIS MONTH (IV) NB Premium Income of Market– by products NB Premium Income – Jan ~ Jun 2008 (in millions) ProductsPremium IncomeGrowth Endowment (512,988)  607, % Annuity (82,339)  142, % Universal (0)  135, Whole Life (67,531)  14, % Unit Links (0)  25, (NB Premium Income in Jan ~ Jun 2007)

10 Cathay Life Insurance Ltd. (Vietnam) 26 Sep ENGAGED PROJECT THIS MONTH (IV) NB Premium Income of Market– by products (cont.) NB Premium Income – Jan ~ Jun 2008 (in millions) ProductsPremium IncomeGrowth Term Life (8,993)  17, % Pure End (672)  0 -- Group (509)  1, % Riders (28,649)  47, % Total (701,681)  992, % (NB Premium Income in Jan ~ Jun 2007)

11 Cathay Life Insurance Ltd. (Vietnam) 26 Sep PLANING PROJECT NEXT MONTH (I) List of Products will be submitted for approval: PriorityProductsSchedule 1 Group Term Life Insurance (G01) Group Accident Rider (G02) Waiver Rider (R03) after 3-prod (R01,R02,A02) approved 2 Group Medical Rider (G03) Critical Illness Waiver Rider (R04) Personal Medical Rider (R05) TBA

12 Cathay Life Insurance Ltd. (Vietnam) 26 Sep Thank you!