1. 1 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20081

2. 2 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20082 Agenda (A) Engaged Project this month: Products submission status. Market information update. Policy issued analysis. NB Premium Income-by products (Jan ~ Jun 2008) (B) Planning Project next month: New products submission.

3. 3 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20083 (I) Product Submission Status: A02(Single Endowment), R01(Personal Accident Rider) & R02(Child Accident Rider) were send to MOF on Sep 4 th. G01(Group Term Life), G02(Group Accident Rider – in process. R03(Waiver Rider) － need to be translated to Vietnamese Declaration Interest Rate: ENGAGED PROJECT THIS MONTH Month7 & 8910 Rate11% 11%* *estimated

4. 4 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20084 ENGAGED PROJECT THIS MONTH (II) Market information: Dai-ichi Life opens northern office in Bac Giang. Great Eastern starts operations on Sep 12 th. (Head office: Hanoi, Branch offices: Hanoi & HCM, Initial capital: $40 mil.). A non-life insurance company, Mitsui Sumitomo Insurance, received a licensed on Sep 19 th. Standard Charter Bank sells insurance policies. MOF: AIG Vietnam unaffected by US economic crisis.

5. 5 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20085 ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis:( 4 th Jul ~ 22 nd Sep) By product ProductJul.Aug.Sep.Total A01465580181 (28.5%) C015229 (1.4%) C02111315 (2.4%) C034310690239 (37.6%) C04467372191 (30.1%) Total141247 635

6. 6 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20086 ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis :( 4 th Jul ~ 22 nd Sep) By sex of Insured AgeMF 0~991111 10~191925 20~2910377 30~394463 40+5844 Total315320 By Payment Mode Payment mode# of Policy Single1 (0.2%) Monthly59 (9.3%) Quarterly89 (14.0%) Semi Annually80 (12.6%) Annually406 (63.9%)

7. 7 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20087 ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis :( 4 th Jul ~ 22 nd Sep) Prod Total Annualized Prem. (in million) Avg. Annualized Prem. Per Policy (in million) A01505.82.8 C0156.06.2 C02135.59.0 C031,631.86.8 C041,127.55.9 Tot3,456.75.4 Average ANP on the whole market is around 0.34 mil (Term) and 4.3 mil (Endowment).

8. 8 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20088 ENGAGED PROJECT THIS MONTH (III) Policy Issued Analysis :( 4 th Jul ~ 22 nd Sep) Prod Total Sum Assured ( in million) Avg. Sum Assured Per Policy (in million) A0114,28778.9 C0134238.0 C021,15076.7 C03*8,61536.0 C0415,34780.4 Tot39,74162.6 For C03 here is the Sum Assured at issue. Average SA on the whole market is around 61.08 mil (Term) and 53.15 (Endowment) only.

9. 9 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 20089 ENGAGED PROJECT THIS MONTH (IV) NB Premium Income of Market– by products NB Premium Income – Jan ~ Jun 2008 (in millions) ProductsPremium IncomeGrowth Endowment (512,988)  607,645 18.45% Annuity (82,339)  142,817 73.45% Universal (0)  135,243 -- Whole Life (67,531)  14,342 -78.76% Unit Links (0)  25,246 -- (NB Premium Income in Jan ~ Jun 2007)

10. 10 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 200810 ENGAGED PROJECT THIS MONTH (IV) NB Premium Income of Market– by products (cont.) NB Premium Income – Jan ~ Jun 2008 (in millions) ProductsPremium IncomeGrowth Term Life (8,993)  17,245 97.72% Pure End (672)  0 -- Group (509)  1,785 250.44% Riders (28,649)  47,981 67.48% Total (701,681)  992,304 41.42% (NB Premium Income in Jan ~ Jun 2007)

11. 11 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 200811 PLANING PROJECT NEXT MONTH (I) List of Products will be submitted for approval: PriorityProductsSchedule 1 Group Term Life Insurance (G01) Group Accident Rider (G02) Waiver Rider (R03) after 3-prod (R01,R02,A02) approved 2 Group Medical Rider (G03) Critical Illness Waiver Rider (R04) Personal Medical Rider (R05) TBA

12. 12 Cathay Life Insurance Ltd. (Vietnam) 26 Sep 200812 Thank you!