As announced on 10 May 2007  the General Meeting of Shareholders of SNS REAAL N.V. on 9 May2007 adopted a resolution to pay out a final dividend of € 0.39 per share, which dividend shall be distributed in the form of an option dividend.

SNS REAAL N.V. announces that the number of shares with dividend rights entitling shareholders to receive one new share has been fixed at 44. Based on the volume weighted average price of all SNS REAAL shares traded on Eurolist by Euronext Amsterdam on 30 May 2007, 31 May 2007 and 1 June 2007, of € 17,074, 1/44th represents a value of € 0.3880, which is virtually equal to the value of the cash dividend of € 0.39.

Payment of the dividend as well as delivery of the shares, with settlement of any remaining fraction in cash, as a result of the exchange of dividend rights, will be effected as from 6 June 2007 at ABN AMRO Bank N.V. at Breda, The Netherlands.