LONDON (Standard&Poor's) Aug. 31, 2005--Standard&Poor's Ratings Services said today that its ratings and outlook on Denmark-based Tryg Forsikring A/S (A-/Stable/--) and Norway-based Vesta Forsikring A/S (A-/Stable/--), core entities of insurance group TrygVesta A/S (TrygVesta), are unaffected by the proposed listing of TrygVesta's shares held by Tryg i Danmark smba (TiD; not rated) on the Copenhagen Stock Exchange. At the same time, Standard&Poor's considers that a successful flotation will have positive implications through enhanced financial flexibility at the TrygVesta level and with the proceeds at TiD potentially being made available to TrygVesta to finance growth in the Nordic markets. GROUP E-MAIL ADDRESS InsuranceInteractive_Europe@standardandpoors.com
