August 03, 2009

MAPFRE'S REVENUES EXCEEDED 10.000 MILLION EUROS IN THE FIRST HALF (A 12.9% INCREASE OVER 2008)

NET ATTRIBUTABLE RESULT WAS 530.6 MILLION EUROS
The diversification of the Group's businesses and its prudent and professional management allowed it to slightly increase (0.2%) the net attributable result versus the first half 2008, while the recurrent result grew 5.5% to 492.9 million euros.

 The international business contributed 47% of premiums and over 31% of results, and it is the Group's main growth driver.

 The Group has reinforced its solvency and financial strength, increasing its equity by 12.4% to 5,508.3 million euros in the first half and reducing its debt by 765 million euros over the last twelve months.