[Unofficial translation]
12-Nov-10
Koichiro Watanabe
President and Representative Director
The Dai-ichi Life Insurance Company, Limited
Code: 8750 (TSE First section)

Disclosure of European Embedded Value as of September 30, 2010

(Summary)

The Dai-ichi Life Insurance Company, Limited (hereinafter “Dai-ichi Life”) hereby
discloses the European Embedded Value (“EEV”) of Dai-ichi Life and Dai-ichi Frontier
Life Insurance Co., Ltd (hereinafter “Dai-ichi Frontier Life” or “DFL”) (collectively,
the “Group”) as of September 30, 2010.

To continue reading, please go to the following page:
http://www.dai-ichi-life.co.jp/english/investor/ir/financial/results/2010/pdf/index_020.pdf