DL to buy Swiss Life Belgium

RNS Number:1599M
Aviva PLC
21 January 2008



News release




21 January 2008



               DELTA LLOYD AGREES TO BUY SWISS LIFE BELGIUM

Aviva plc ("Aviva") announces that its Dutch business, Delta Lloyd Group ("Delta
Lloyd") has signed a memorandum of understanding with SNS REAAL for the sale of
Swiss Life Belgium to Delta Lloyd for Euro135 million in cash.

By combining Swiss Life Belgium with its Belgian insurance operation, Delta
Lloyd would achieve a top five position in the Belgian group life insurance
market.

The transaction between SNS REAAL and Delta Lloyd is conditional upon completion
of SNS REAAL's acquisition of the Dutch and Belgian activities of Swiss Life
Holding, which was announced on 19 November 2007.  The completion of Delta
Lloyd's acquisition of Swiss Life Belgium would be subject to approval from the
relevant regulators and works council, and is expected to take place in the
second quarter of 2008.



                                    - ends -



Enquiries:



Media

Sue Winston, head of group media relations, Aviva plc                 +44 (0)20 7662 8221
David Brilleslijper, director corporate communications, Delta Lloyd   +31 (0) 20 594 44 88



Analysts

Charles Barrows, investor relations director, Aviva plc               +44 (0)20 7662 8115
Susie Yeoh, investor relations manager, Aviva plc                     +44 (0)20 7662 2117





Notes to editors:



*         Aviva is the leading provider of life and pensions to Europe with
substantial positions in other markets around the world, making it the world's
fifth largest insurance group based on gross worldwide premiums at 31 December
2006.



*         Aviva's principal business activities are long-term savings, fund
management and general insurance, with worldwide total sales of �41.5 billion
and assets under management of �364 billion at 31 December 2006.



*         The Aviva media centre at www.aviva.com/media includes images, company
and product information and a news release archive.



*         Aviva's Dutch business, Delta Lloyd has operations in the Netherlands,
Germany and Belgium. In 2006 the group achieved total income of more than Euro8
billion with approximately 7,000 employees.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
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