Aviva PLC: Completion of settlement with JV partner Bankia LONDON -- (Marketwired) -- 04/24/13 -- *T COMPLETION OF SETTLEMENT WITH SPANISH PARTNER BANKIA Aviva plc ("Aviva") announces that it has received EUR608(1) million in cash from Bankia S.A. ("Bankia") following settlement and transfer of its entire holding in Spanish joint venture Aseval to Bankia. The completion on this transaction demonstrates the delivery of our strategic imperatives and improves our liquidity and capital position. Enquiries: Media Yasmin Saleh +44 (0)7800 694 312 Sarah Swailes +44 (0)20 7662 6700 Analysts David Elliot +44 (0)20 7662 8048 Notes to editors: * Aviva provides 34 million customers with insurance, savings and investment products. * We are the UK's largest insurer and one of Europe's leading providers of life and general insurance. * We combine strong life insurance, general insurance and asset management businesses under one powerful brand. * We are committed to serving our customers well in order to build a stronger, sustainable business, which makes a positive contribution to society, and for which our people are proud to work. * The Aviva media centre at www.aviva.com/mediaincludes images, company and product information and a news release archive * For broadcast-standard video, please visit http://www.aviva.com/media/video/. * Follow us on twitter: www.twitter.com/avivaplc ________________________________ (1)Total cash proceeds converted to sterling at an exchange rate of EUR1/GBP0.81 represent GBP495m This information is provided by RNS The company news service from the London Stock Exchange END Contacts: RNS Customer Services 0044-207797-4400 firstname.lastname@example.org http://www.rns.com
Aviva PLC: Completion of settlement with JV partner Bankia
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