Notice according to Sec. 128 par. 2 of the German Stock Corporation Act

Four Members of the Supervisory Board of Allianz AG are also employees of the following credit institution:
Dresdner Bank AG

Two Members of the Board of Management of Allianz AG are also members of the Supervisory Board of the following domestic credit institution:
Dresdner Bank AG (intra-group mandates)

The following credit institution subscribed to the most recent issuance of securities of Allianz AG within the past five years:
JP Morgan Securities Ltd.

We have not received information on participations of financial institutions in the Company, which must be reported pursuant to Sec. 21 of the German Securities Trading Act.