Delta Lloyd governance update

Aviva PLC
26 March 2008


26 March 2008

                      DELTA LLOYD: CORPORATE GOVERNANCE UPDATE


In October 2004 a change was made to Dutch law concerning the so-called 'large
company regime', which means that the appointment of supervisory board directors
in those Dutch companies subject to this special regime are appointed by the
company's shareholders, who vote on nominations made by the supervisory board
itself and the works council.

Delta Lloyd, Aviva's Dutch subsidiary, to which this special large company
regime applies, takes the view that on the basis of agreements made in the past,
the appointment of its supervisory board directors should continue to be made
according to the mechanism that previously existed, under which supervisory
board directors are appointed by the supervisory board itself, taking into
account recommendations and/or objections of the shareholders.  Accordingly,
Delta Lloyd took proceedings against Aviva in Amsterdam to persuade the court to
allow Delta Lloyd to retain its previous structure, for which the new
legislation also allows.

The Amsterdam court has directed Aviva to vote in favour of a change to Delta
Lloyd's articles requiring Aviva to adhere to the appointment mechanism which
existed before the new law came into force.

Aviva has the right of appeal to the Court of Appeal in Amsterdam and is
currently considering whether it wishes to do so.

Aviva does not expect the court's decision to have any adverse impact on the
financial or operational performance of Delta Lloyd.

                                    - ends -

Enquiries:

Media

Sue Winston, head of group media relations                 [phone]
Danielle Anthony, senior group media relations manager     [phone]
Matthew Newton, Finsbury                                   [phone] 


Analysts

Charles Barrows, investor relations director               [phone]
Jessie Burrows, head of investor relations                 [phone]
Susie Yeoh, investor relations manager                     [phone]

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 £49.2
          billion and funds under management of £364 billion at 31 December 
          2007.
          
     •    The Aviva media centre at www.aviva.com/media includes images, company
          and product information and a news release archive.



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