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Ageas reduces Southern European exposure with EUR 4.8bn sell off

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Ageas has reported that between 10 May and 21 May it has sold additional Southern European government bonds for a total amount of EUR 4.8bn (at historical/amortized cost).

Broken down this includes Greece - EUR 1.7bn, Italy - EUR 2.1bn, Portugal - EUR 0.9bn and Spain - EUR 0.1 billion.

As of 21 May 2010, the total exposure of Ageas to the above-mentioned countries is as

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