BW2108  APR 16,2003      09:05  PACIFIC      12:05  EASTERN



( BW)(ALLIANZ-AG)(ALZ) Doc re. Prospectus regarding rights issue

    Business Editors
    UK REGULATORY NEWS

    MUNICH, Germany--(BUSINESS WIRE)--April 16, 2003--

A copy of the UK prospectus (comprising a certified translation of the
German prospectus together with a UK Supplement containing certain
additional information relevant only to shareholders in the United
Kingdom) in relation to the rights issue of Allianz AG has been
submitted to the UK Listing Authority and is available for inspection
at the UK Listing Authority document viewing facility which is
situated at: Document Viewing Facility, UK Listing Authority, FSA 25
North Colonnade, Canary Wharf, London E14 5HS.

    --30--ac/uk*

    CONTACT: Allianz AG

    KEYWORD: GERMANY UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING INSURANCE
    SOURCE: Allianz AG


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