SOURCE: SCOR Holding (Switzerland) AG

December 14, 2007 01:00 ET

SCOR Holding (Switzerland) Ltd. announces plans to delist American Depositary Shares and to deregister in the US

ZURICH, SWITZERLAND--(Marketwire - December 14, 2007) -

SCOR Holding (Switzerland) Ltd. intends to apply for the voluntary delisting of its American Depositary Shares (ADSs) from the New York Stock Exchange and to voluntarily terminate the registration of its securities under the U.S. Securities Exchange Act of 1934. SCOR Holding (Switzerland) Ltd. expects to file relevant applications on December 26, 2007.

SCOR Holding (Switzerland) Ltd. is delisting in order to reduce its regulatory compliance costs following the acquisition by SCOR of more than 98% of the outstanding shares and ADSs of SCOR Holding (Switzerland) Ltd.

SCOR Holding (Switzerland) Ltd. will continue to publish English language financial reports, financial statements, press releases and shareholder information, which will be available on its website ( in accordance with Rule 12g3-2(b) under the United States Securities Exchange Act of 1934. Enquiries

Communications          Marco Circelli
Phone: +41 44 639 90 22 Head of Investor Relations
Fax: +41 44 639 70 22
                        Phone: +41 44 639 91 31
                        Fax: +41 44 639 71 31
                        Inken Ehrich
                        Investor Relations Specialist
                        Phone: +41 44 639 90 94
                        Fax: +41 44 639 70 94

SCOR Holding (Switzerland) Ltd.

SCOR Holding (Switzerland) Ltd. is a subsidiary of SCOR SE and is based in Zurich, Switzerland. The Company has an "A-" ("strong") financial strength rating (outlook stable) from Standard & Poor's and a "A-" ("excellent") financial strength rating (outlook stable) from A.M. Best Company.

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