Health Insurance Solutions from Tata AIG Life for United Bank of

							                   Health Insurance Solutions from Tata AIG Life
                        for United Bank of India Customers

Kolkata, March 13, 2008: United Bank of India (UBI) and Tata AIG Life Insurance (Tata AIG
Life) today announced the launch of ‘United Health Solutions’ – a customised health insurance
package for customers of UBI.

United Health Solutions has two powerful plans – Health Investor and Health Protector. These
products provide effective cover against critical diseases, accident and death.

Health Investor provides critical illness cover along with return of premium and is the first
return of premium health plan from Tata AIG Life. Some of the key features of Health Investor
are:
    • Critical illness cover for 12 illnesses and associated surgeries
    • Plan returns ‘total premiums paid’, if no claim is made, on maturity
    • Flexibility of choosing from four terms
    • Qualifies for tax deduction under Section 80C

Health Protector is a 5 year Accident & Health solution. Some of the key features of Health
Protector are:

        Comprehensive yet flexible policy which allows the customer to choose the level of
        cover and mix to suit individual needs.
        Coverage options include Critical Illness or Cancer care, Accident Death Benefit or
        Family Accident Death and Dismemberment, Total Permanent Disability Cover,
        Accident Hospitalisation Cash and Term Life Cover.
        Lumpsum payment if one is diagnosed with one of the covered illnesses or surgeries
        Tax benefits under Section 80C & 80D

Tata AIG Life launched health related insurance solutions with its maiden offering in
2003.

Speaking on the occasion, Mr. P.K.Gupta, Chairman & Managing Director, UBI said, ‘We
constantly anticipate the evolving financial needs of our banking customers and ensure that we
can provide for financial and insurance solutions beyond the core banking services. Providing
United Health Solutions is another step in that direction. I am confident that these solutions, as
designed and customised by Tata AIG Life for our customers, will provide effective health
insurance cover. We look forward to providing more insurance solutions by harnessing the
synergy between UBI and Tata AIG Life.’
Mr. Trevor Bull, Managing Director, Tata AIG Life said, ‘The launch of United Health Solutions
follows closely on the heels of United Child Solutions, launched in December last year. The two
plan options provided under United Health Solutions have their own attractive propositions
including flexibility and return of premium*. Tata AIG Life has relied on the strength and
network of UBI in spreading the concept and need for life insurance across the country and will
continue to invest in this special relationship with more innovative plans.’


United Bank of India

During the period March 2005 and December 2007, the Bank's business has moved up from Rs
37,000 Crore to Rs 65,554 Crore (+77%), Deposits from Rs 25,300 Crore to Rs 41,203 Crore
(+69%) and Advances from Rs 11,700 Crore to Rs 24,351 Crore (+108%). The Bank's Credit
Deposit Ratio has improved from 46.5% to 59.1% whereas the Gross and Net NPAs have come
down from 6.14% to 3.85% and from 2.43% to 1.30%, respectively. During April - December
2007, the Bank's Net Profit stood at Rs 307 Crore registering a growth of 32.5% over the
corresponding period last year. Bank's Capital Adequacy Ratio stood at a healthy level of
13.63% as on December 2007. The Bank, has added 70 branches since April 2007, increasing the
branch network to 1395 at present.

United Bank of India has rolled out its 360 CBS branch on March 10, 2008 covering 68% of its
business and has planned to increase this number to 377 by 31st Mar 2008. Bank offers an array
of hi-tech products and services to its customers and is poised to introduce integrated Cash
Management Services for its Corporate/Institutional customers apart from introduction of
Online Trading Services. Bank is also in the process of developing a Medium Term Strategic
Business Plan in collaboration with IIM, Calcutta.

About Tata AIG Life Insurance Company Ltd
Tata AIG Life Insurance Company Limited (Tata AIG Life) is a joint venture company, formed by
the Tata Group and American International Group, Inc. (AIG). Tata AIG Life combines the Tata
Group’s pre-eminent leadership position in India and AIG’s global presence as on of the world’s
leading international insurance and financial services organization. The Tata Group holds 74
per cent stake in the insurance venture with AIG holding the balance 26 per cent. Tata AIG Life
provides insurance solutions to individuals and corporates. Tata AIG Life Insurance Company
was licensed to operate in India on February 12, 2001 and started operations on April 1, 2001.

The Tata Group
The Tata Group is one of India's largest and most respected business conglomerates, with
revenues in 2006-07 of $28.8 billion (Rs129,994 crore), the equivalent of about 3.2 per cent of
the country's GDP, and a market capitalisation of $72.2 billion as on December 6, 2007. Tata
companies together employ some 289,500 people. The Tata Group has operations in more than
85 countries across six continents, and its companies export products and services to 80
countries.

American International Group, Inc. (AIG)

American International Group, Inc. (AIG), a world leader in insurance and financial services, is
the leading international insurance organization with operations in more than 130 countries
and jurisdictions. AIG companies serve commercial, institutional and individual customers
through the most extensive worldwide property-casualty and life insurance networks of any
insurer. In addition, AIG companies are leading providers of retirement services, financial
services and asset management around the world. AIG's common stock is listed on the New
York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
Disclaimers:
         * Premium excluding service tax
         Insurance is the subject matter of the solicitation
         Please refer to the product brochure for detailed terms and conditions before concluding a sale
         UBI is the corporate agent of Tata AIG Life, UBI does not underwrite a policy or act as an insurer
         These products are underwritten by Tata AIG Life Insurance Company Ltd.
         Regd. & Corporate Office: Tata AIG Life Insurance Company Ltd. (Regd. 110) Peninsula Tower, 6th Flr., Peninsula Corporate Park,
         Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400 013
         For more information, call on our 24 hours toll free helpline at 1800 119966 or SMS ‘LIFE’ to 58888
         Visit our website www.tata-aig-life.com