Fthr re CGNU and MAA/MAAF

CGNU PLC
26 September 2001

                                                             26 September 2001

CGNU and MMA / MAAF terminate discussions in France

CGNU plc announces that the discussions between CGU France and the MMA / MAAF
group, as announced on 6 July 2001, relating to the establishment of a
partnership, have by mutual agreement been terminated. It has not been
possible to reach an agreement that meets the requirements of both parties.

Enquiries:

Analysts/Investors:

Steve Riley, Investor Relations Director           [phone]

Media:

Hayley Stimpson, Director of External Affairs     [phone]

Alex Child-Villiers, Financial Dynamics          [phone]





Notes to Editors

  * CGNU is the world's sixth-largest insurance group and the largest
    insurer in the UK. It has worldwide premium and investment sales from
    ongoing business of £27 billion, and more than £200 billion in assets
    under management at 30 June 2001.
  * The most recent financial reports are available on the Group's website,
    www.cgnu-group.com