PRESS RELEASE - Aragon AG

PRESS RELEASE
Wiesbaden/Cologne, 10 September 2008 Page 1/3
AXA acquires 25.01% of the shares in ARAGON AG
Strengths of the two companies to be combined
Cooperation will focus particularly on pensions and retirement planning
ARAGON AG, Wiesbaden, and the Cologne-based AXA Group have agreed on
a strategic alliance and intend to closely combine the strengths of the two
companies in future. As part of the agreement, AXA has acquired 25.01% of the
shares in stock exchange-listed ARAGON AG from Angermayer, Brumm &
Lange Unternehmensgruppe following the completion of a bidding process that
was conducted in close consultation with the ARAGON management.
Angermayer, Brumm & Lange Unternehmensgruppe has been advised by the
lead investment bank Keefe, Bruyette & Woods (KBW) and the co-lead
investment bank Silvia Quandt & Cie. AG.
With a stake of almost 50%, Angermayer, Brumm & Lange Unternehmensgruppe
remains the majority shareholder of ARAGON AG. Credit Suisse holds 8% of the
shares in the company, with approximately 18% in free float.
Dr. Sebastian Grabmaier, CEO of ARAGON AG, explained: “We consider the
financial sales market to be the key growth market in the financial sector. As a
result of various regulatory amendments, this segment is currently subject to
major structural changes. We believe that modern sales organisations with
forward-looking strategies, such as ARAGON AG, will be the winners in these
developments. With two strong and high-profile shareholders backing the
company, we intend to be the driving force in the imminent process of
consolidation. Via Angermayer, Brumm & Lange Unternehmensgruppe as the
majority shareholder, we are the only listed financial sales company whose
independence remains intact. Our journey to becoming a leading European
financial services provider has only just begun.”
Dr. Frank Keuper, CEO of AXA Konzern AG, is also confident about the future
prospects of this latest partnership: “Independent financial advisers are
becoming an increasingly important cornerstone of German and international
private client business, especially in view of progressive consolidation in the
banking industry. As part of the multi-channel strategy that we have consistently
pursued for many years, we have gained a partner in ARAGON with proven
Aragon Aktiengesellschaft Tel. +49. 0611. 89 05 75-574 Contact
Kormoranweg 1 Fax +49. 0611. 89 05 75-99 Achim Pfeffer
65201 Wiesbaden achim.pfeffer@aragon-ag.com Head of Investor Relations
Germany www.aragon-ag.com

Aragon Aktiengesellschaft Tel. +49. 0611. 89 05 75-574 Contact
Kormoranweg 1 Fax +49. 0611. 89 05 75-99 Achim Pfeffer
65201 Wiesbaden achim.pfeffer@aragon-ag.com Head of Investor Relations
Germany www.aragon-ag.com
Page 2/3
expertise in this segment. At the same time, the investment in ARAGON reflects
our position as reliable partner for independent financial sales companies and
financial advisers, as well as our confidence in maintaining multiple access
channels to clients.”
The parties have agreed not to disclose the purchase price of the share block.
Today, Wednesday 10 September, a conference call will be conducted in
German at 11 a.m. (CET). Journalists interested in participating should please
contact Rainer Brändle, edicto GmbH, tel. +49 69 90 550 550,
rbraendle@edicto.de in order to obtain the necessary dial-in details.
About ARAGON AG
ARAGON is a broadly diversified financial services company, with the divisions
Retail Sales, Institutional Sales and Banking & Banking Services. ARAGON is
active on the marketplace with multiple independent subsidiaries. The company’s
aim is to integrate various distribution models under one roof, without disturbing
the individual identity of each sales company. The result is a wide diversification
across various asset classes and distribution types, which generates a high
stability in corporate earnings. Further information about the company and its
subsidiaries can be viewed on the website: www.aragon-ag.de.
About AXA Germany
With premium income totalling EUR 9.8bn, in excess of eight million customers
and around 12,000 employees, the AXA Group is one of the biggest insurance
and financial services conglomerates in Germany. The Group defines its
business activities as provisioning, asset management and insurance. Alongside
the AXA life, healthcare and property insurance companies, AXA Group
members comprise art insurers AXA Art, the AXA Bank, the Pro bAV pension
fund, Deutsche Ärzteversicherung (German Doctors’ Insurance) as a specialist
provider of insurance for healthcare professionals and, since July 2007, DBV-
Winterthur Holding AG as well as its associated insurance companies. AXA
Germany is a member of the AXA Group, a leading global insurance company
and asset manager whose activities focus on Europe, North America and
Asia/Pacific. In financial year 2007, the AXA Group recorded sales in accordance
with IFRS totalling EUR 94bn and operating income (underlying earnings) of
EUR 5.0bn. AXA shares are listed on the Paris stock exchange with the symbol

Aragon Aktiengesellschaft Tel. +49. 0611. 89 05 75-574 Contact
Kormoranweg 1 Fax +49. 0611. 89 05 75-99 Achim Pfeffer
65201 Wiesbaden achim.pfeffer@aragon-ag.com Head of Investor Relations
Germany www.aragon-ag.com
Page 3/3
“AXA”. The Group’s shares are also listed on the New York stock exchange as
American Depositary Shares (ADS) with the ticker symbol “AXA”.
About Angermayer, Brumm & Lange Unternehmensgruppe
Angermayer, Brumm & Lange Unternehmensgruppe (ABL) is an entrepreneurial
Family Office managed by five partners, Christian Angermayer, Peter Brumm,
Andreas Lange, Ralph Konrad and Dr. Sebastian Grabmaier. The goal of all ABL
investments is to assist successful entrepreneurs and companies, particularly in
the financial industry, over the course of their long-term growth and to develop
them into leaders in their respective segment. The partners of Angermayer,
Brumm & Lange Unternehmensgruppe take an active part in the management of
these investments by participating in their various boards. Further information
about the company is available at www.abl-group.de.