Fortis

FORTIS (EBR:FORB) Fortis has increased its equity interest in Artemis Asset Management Limited ("Artemis"), a UK based investment management firm, from 67.1% to a sole shareholding position. ABN AMRO Asset Management had held a majority interest in Artemis since 2002, which was transferred to Fortis in April 2008. The step-up investment was pursuant to a prior contractual arrangement with Artemis management shareholders. The cash consideration was EUR 397.2 million (GBP 317.2 million).

FORTIS (EBR:FORB) Fortis has been informed by De Nederlandsche Bank (DNB), the Dutch central bank, that the decision for approval of the sale of several ABN AMRO assets to Deutsche Bank will not be made until further notice, following further review. DNB referred to the exceptional circumstances on international financial markets, the uncertainty with regard to the future shareholder in ABN AMRO Bank and the implications of this uncertainty for all parties involved.

FORTIS (EBR:FORB) In order to provide clarity to the market and in the context of the current severe market disruption and the ongoing uncertainty in the global capital markets, Fortis announces that it expects not to be able to complete the asset management partnership with Ping An.

FORTIS (EBR:FORB) Concerted action of the three governments and the respective supervisory authorities to support Fortis

FORTIS (EBR:FORB) Brussels, 28 september 2008

FORTIS (EBR:FORB) Fortis firmly denies rumours currently in the market and confirms its earlier statements.

FORTIS (EBR:FORB) Regulated information

FORTIS (EBR:FORB) Fortis Bank SA/NV ("Fortis"), Old Mutual plc ("Old Mutual") and Tianjin TEDA Investment Holding Co., Ltd ("TEDA") have entered into an agreement for Old Mutual to acquire the 49% stake that Fortis holds in ABN AMRO TEDA Fund Management Co., Ltd ("AATEDA"), a major Chinese asset management joint venture, for a cash consideration of approximately EUR 165 million.

FORTIS (PINKSHEETS:FORSY) In response to today's media reports about the approval process regarding the joint venture with Ping An, Fortis and Ping An confirm that this process is ongoing.

FORTIS (PINKSHEETS:FORSY) Fortis's first half year net profit of EUR 1,638 million Net profit up 3% in second quarter 2008 to EUR 830 million, but environment is becoming more difficult