ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.

25.06.2010

GLOBALE Rückversicherungs Finance Alpha B.V., formerly trading as 
Gerling Global Finance Alpha B.V., hereby announces that August 16, 
2010 is an Optional Interest Payment Date in accordance with 
Paragraph 5 Section 3 of the Terms and Conditions of the Bonds.

Because of the lack of distributable profits no dividend will be 
declared in respect of shares of GLOBALE 
Rückversicherungs-Aktiengesellschaft (GR), the guarantor of the Euro 
220.000.000 subordinated step-up fixed/floating rate bonds, at the 
general meeting (Hauptversammlung) of GR resolving on the payment of 
a dividend for the business year 2009.

Therefore, GLOBALE Rückversicherungs Finance Alpha B.V., Amsterdam, 
intends to make use of its contractual right to defer interest 
payments pursuant to sec. 6 (3) of the terms and conditions of the 
bonds.

25.06.2010

end of announcement                               euro adhoc

Further inquiry note:

Andre Nazarian
Tel.: +49(0)221-2889-281
E-Mail: andre.nazarian@globalre.com

Branche: Insurance
ISIN: XS0133491000
WKN: 701555
Börsen: Luxembourg Stock Exchange / all