News:Argos:Vienna Insurance Group distinctly opposing the trend:Profit target for 2008 more than confirmed

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Overviewof Key Group Data for the 1st Half of 2008 (IFRS): In the first half of 2008, the Vienna Insurance Group achieved an excellent growth of 20.7 percent compared to the previous year, with consolidated premiums written (without other insurance participation) at a total of EUR 4.22 billion.

Group profit (before taxes, consolidated) was also increased by a significant 33.9 percent to a total of EUR 288.34 million, which is up from the prior year by approx. EUR 73 million.

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