Approval of proposal by Allianz SE

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Approval of proposal by Allianz SE

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The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 14, 2009. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced its approval of the notice under section 4 of the Bank Holding Company Act by Allianz SE, Munich, Germany, to retain its interest in The Hartford Financial Services Group, Inc., Hartford, Connecticut, and thereby acquire an indirect interest in Federal Trust Bank, Sanford, Florida, a federal savings association.

Attached is the Board's Order relating to this action.

Source: Board of Governors of the Federal Reserve System

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