1 MONTHLY REPORT JUNE, 2009 Planning Division LTH Nhung 26 Jun. 2009

2 ENGAGED PROJECT THIS MONTH   Product Launch – C05 & C06   Products Analysis   Market Information   Sales promotion (C04)

3 Product Launch – C05 & C06 C05 & C06 have been approved by MOF in Jun. 04 th and launched in Jun. 22 nd Product launch Underwriting Rule: LA Age: 0 – (65 – premium paying period) SA Limit: Premium paying period: 10 / 20 years. Policy term: Whole life (until LA attains 99 year-old). Premium limit: VND 300K per payment (include basic and riders attached). Rider attached: All. MinVND 10M MaxAge <= 14VND 800M Age >= 15VND 2.5B

4 Whole Life with Cash benefit - C05 Product launch Premium Paying Period = 20 yrs ……… DB/TPD = 100% SA + 4% SA per year 5% SA / each 3 yrs for the first 5 times 10% SA / each 3 yrs thereafter 150% SA Interest Feedback Interest Feedback will be calculated during PPPInterest Feedback will be calculated during PPP Cash benefit will be paid every 3 yrsCash benefit will be paid every 3 yrs Policy will be terminated after paying Death/TPD/Long Life benefitPolicy will be terminated after paying Death/TPD/Long Life benefit DB/TPD = 150% SA 7.5% SA / each 3 yrs for the next 5 times

5 Whole Life 111 with Return of Premium - C06 Product launch DB/TPD = 100% SA + Total Annual mode Premium Paid 100%SA Interest Feedback 100% SA + Total Annual mode Premium Paid Premium Paying Period = 20 yrs Interest Feedback will be calculated during PPPInterest Feedback will be calculated during PPP 100%SA will be paid at the end of PPP as Maturity benefit100%SA will be paid at the end of PPP as Maturity benefit Policy will be terminated after paying Death/TPD/Long Life benefitPolicy will be terminated after paying Death/TPD/Long Life benefit

6 Number of Policy Issued ProductC03C04A01A02C01C02 Total Q1 ’ ,666 Q2 ’ ,113 Apr ’ May ’ Jun ’ Total1,3781, ,779 Products Analysis *Basic Policies only * R01(1,075 cases) 、 R02(499 cases) 、 R03(632 cases) 01/01/09~22/06/09

7 Premium Income – by Products ProductA02C03C04A01C01C02 Total Q1 ’097,5492,0511, ,657 Q2 ’09-3,6022, ,046 Apr ’09-1, ,578 May ’09-1, ,113 Jun ’09-1, ,355 Total7,5495,6534,2081, ,703 Products Analysis *Basic Policies only * R01(238 millions) 、 R02(93 millions) 、 R03(65 millions) In Million VND 01/01/09~22/06/09

8 VCLI joint venture in Vietnam Initial Product Creditor insurance & Individual protection Distribution channel Bancassurance (through banking network of VCB, Seabank, other financial institutions and banks in VN). Direct marketing, internet and telemarketing Market Info VCB (45%) VCB (45%) VCLI Company (VND 600Bil) SEAB (43%) SEAB (43%) Cardif (12%) Cardif (12%)

9 Promising Life insurance future in Vietnam Market Info Penetration level below 10% on below 10% on the huge population of over 85 mil of over 85 mil Vietnamese still rely on self financing or on self financing or non-credit buying Life insurance market in Vietnam remains has high potential for the future growth *The market is expected to grow at a Compound Annual Growth Rate of over 11% during despite global economic slowdown. VN life insurers are making big efforts to bring more utilities to the consumers

10 Other Information Market Info ACE Life opens HCM City quality control center. ( to help customers better understand the company policies) Manulife VN celebrated its 10 th anniversary. (started there business from Jun 12 th, 1999) AIG change the name back to AIA from Jun 22 nd. AAA launches Lady Care insurance. (cover accidental medical expense, beauty care, CI, pregnancy anomaly, accidental death or disablement) PJICO provides Child Care insurance. (high quality medical treatment in suffering resident treatment due to illness and accident)

11 Sales PromotionC04 Customer Side C04 sale competition Agent Side C04 Happy Kids, Lucky draw Sales Performance : Number of policy Working Month amount First Premium Income unit: VND million Working Month amount

12 PLANNING PROJECT NEXT MONTH   New Products proposal   New branch office in Cantho

13 New Product Proposal Medical Rider Term RiderNewProduct Waiver of Premium Rider

14 New Branch New Branch in Can Tho Criteria (*) Population (mil. people) GDP per capita (VND Mil.) GDP growth rate (%) Can Tho Province Introduction: 2. Can Tho New branch set up process: Find the Office building;Find the Office building; Submit MOF for Business License approval;Submit MOF for Business License approval; Recruit BM/Pre-BM/Trainer/AO/GA;Recruit BM/Pre-BM/Trainer/AO/GA;  Start our business in Can Tho around in Oct.  Start our business in Can Tho around in Oct. *Source:

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