Supplement 2 - Analysis of sales via our bancassurance channels

	Total new business sales			Present value of new business premiums 2
	3 months to 31 March 2005 £m	Local currency growth 1		3 months to 31 March 2005 £m	Local currency growth 1
Life and pensions
United Kingdom
Royal Bank of Scotland Group	105	2%		119	13%
	105	2%		119	13%
France
Crédit du Nord (commenced 1 October 2004)	206	-		235	-
	206	-		235	-
Italy
UniCredito Italiano	176	9%		217	17%
Banca Popolare di Lodi Group	135	170%		140	95%
Banca delle Marche	12	50%		33	4%
Banche Popolari Unite	148	49%		156	56%
	471	48%		546	41%
Netherlands
ABN AMRO	124	51%		186	19%
	124	51%		186	19%
Spain
Bancaja	139	(22%)		174	(20%)
Caixa Galicia	61	(25%)		93	(1%)
Unicaja	37	(21%)		57	(12%)
Caja Espãna	27	(25%)		36	(17%)
Caja de Granada	18	6%		29	(1%)
	282	(22%)		389	(13%)
International
DBS	22	120%		52	62%
	22	120%		52	62%
Total life and pensions	1,210	38%		1,527	35%
Investment sales3
United Kingdom
Royal Bank of Scotland Group	17	(32%)		17	(32%)
	17	(32%)		17	(32%)
Total bancassurance sales	1,227	36%		1,544	35%
Growth rates are calculated based on constant rates of exchange. Present value of new business premiums (PVNBP) is the present value of new regular premiums plus 100% of single premiums, calculated using assumptions consistent with those used to determine new business contribution. Investment sales are calculated as new single premium plus annualised value of new regular premiums.

Analysis of total new business sales via the joint venture with Royal Bank of Scotland Group (RBSG)

Total sales through the joint venture with RBSG are provided below on a 100% basis and for Aviva’s share. In reporting the life and pensions results, a 50% share of sales written through the joint venture life company and 100% of single premium with-profit and unit-linked bond sales written through a Norwich Union fund are included. Investment sales represent Aviva’s 50% share of the collective investment sales.

	Total RBSG sales			Aviva’s share
	3 months to 31 March 2005 £m	3 months to 31 March 2004 £m		3 months to 31 March 2005 £m	3 months to 31 March 2004 £m
Total life and pension sales	182	178		119	121
Collective investment sales	34	50		17	25
Total RBSG bancassurance sales	216	228		136	146

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