Capital Group Companies Inc. Adjusts its Holding in Converium Shares from 4.05% to 5.34%


ZUG, Switzerland, Aug. 10, 2004 (PRIMEZONE) -- Converium Holding Ltd has been notified that Capital Group Companies Inc., 333 South Hope Street, in Los Angeles, CA, 90071-1406, USA, has increased as a group its holding on behalf of funds managed by Capital Research and Management Company, 333 South Hope Street, in Los Angeles, CA, USA, and clients of Capital Guardian Trust Company, 11100 Santa Monica Blvd 15th Floor, in Los Angeles, CA, USA, Capital International Ltd., 25 Bedford St., London, England, Capital International Inc., 11100 Santa Monica Blvd 15th Floor, in Los Angeles, CA, USA, and Capital International S.A., 3 Place des Bergues, 1201 Geneva in Switzerland, to 2,137,095 registered shares in Converium Holding Ltd, Zug. This corresponds to 5.34% of Converium's registered shares. These shares were purchased for own account trading and asset management purposes by the various entities. None of these entities represented by Capital Group Companies Inc. individually holds shares of 5% or more of Converium's registered share capital.

http://hugin.info/133486/R/955010/136442.pdf



            

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