Tokio Marine Holdings, Inc.

Results of Exercise of Voting Rights at the 9th Ordinary General Meeting of Shareholders

1. Date when the meeting was held:
June 27th, 2011.

2. Details of the resolutions:
Item 1:

Appropriation of Surplus

Matters regarding the distribution and aggregate amount of dividends
Amount of cash dividend per share of common stock of the Company:

25 yenAggregate amount of cash dividends: 19,170,492,475yen

Item 2 : Election of Eleven (11) Directors
Election of the following eleven individuals as directors:

Kunio Ishihara, Shuzo Sumi,Hiroshi Amemiya, Masashi Oba, Hiroshi Miyajima, Kunio Ito, Akio Mimura,Toshifumi Kitazawa, Mikio Sasaki, Takaaki Tamai and Tsuyoshi Nagano.

Item 3 : Election of Two (2) Corporate Auditors
Election of the following two individuals as corporate auditors:

Akinari Horii andToshiki Ohashi.

Item 4 : Change in Remuneration to Corporate Auditors
Aggregate compensation for the corporate auditors shall not exceed 12 million yen per month.

3. Number of shareholders in attendance and their voting rights.
(i) Number of shareholders able to exercise voting rights :79,869(ii) Number of exercisable voting rights :7,652,832(iii) Number of shareholders in attendance :26,153(iv) Number of voting rights exercised by shareholders in attendance :6,117,138

4. Numbers of affirmative votes, negative votes and abstentions to the items above, requirements forpassing the items and the results of the resolutions.
Number ofaffirmativevotes

Item 1

Number ofnegative votes

Number ofabstentions

Approval ratio(%)

Result of theresolution

5,956,335

2,269

4,807

97.37

Approved

Kunio Ishihara

5,892,871

64,738

5,721

96.33

Approved

Shuzo Sumi

5,800,066

157,543

5,72194.82

Approved

Hiroshi Amemiya

5,724,970

232,639

5,721

93.59

Approved

Masashi Oba

5,794,010

163,599

5,721

94.72

Approved

Hiroshi Miyajima

5,793,879

163,730

5,721

94.72

Approved

Kunio Ito

5,916,524

41,085

5,721

96.72

Approved

Akio Mimura

5,564,771

392,838

5,721

90.97

Approved

Toshifumi Kitazawa

5,794,018

163,591

5,721

94.72

Approved

Mikio Sasaki

5,292,906

664,703

5,721

86.53

Approved

Takaaki Tamai

5,791,148

166,461

5,72194.67

Approved

Tsuyoshi Nagano

5,791,094

166,515

5,721

94.67

Approved

Akinari Horii

5,939,779

17,751

5,721

97.10

Approved

Toshiki Ohashi

5,795,730

161,799

5,721

94.75

Approved

Item 4

5,948,734

8,959

5,721

97.25

Approved

Item 2Item 3(Notes) 1. Requirements for passing the items for resolution are as follows:(i) Items 1 and 4:

Affirmative votes amounting to a majority of the voting rights

exercised by the shareholders in attendance.
(ii) Items 2 and 3:

The attendance of one-third or more of the shareholders who can

exercise voting rights and affirmative votes of a majority of those voting rights inattendance.
2. The “approval ratio" column shows the ratio of votes that had been confirmed as
approving the item by the time of voting to the number of voting rights of theshareholders in attendance.

3. We met the requirements for passing the items on the agenda by totaling the numbers ofaffirmative votes exercised by shareholders by the business day prior to the meeting andthose exercised by shareholders at the meeting.

(Reference) Total including the number of all votes cast by shareholders in attendance
calculated based on the tally sheets
Number ofaffirmative votes

Number ofnegative votes

6,097,761

2,414

21,828

99.68

Kunio Ishihara

6,033,791

65,362

22,76998.64

Shuzo Sumi

5,941,361

157,781

22,78097.13

Hiroshi Amemiya

5,866,249

232,882

22,79195.90

Masashi Oba

5,935,284

163,847

22,791

97.03

Hiroshi Miyajima

5,935,152

163,975

22,79597.02

Kunio Ito

6,057,639

41,492

22,791

99.03

Akio Mimura

5,705,864

393,193

22,86593.28

Toshifumi Kitazawa

5,935,294

163,835

22,793

97.03

Mikio Sasaki

5,433,994

665,064

22,864

88.83

Takaaki Tamai

5,932,425

166,706

22,791

96.98

Tsuyoshi Nagano

5,932,371

166,760

22,791

96.98

Akinari Horii

6,080,848

18,07922,916

99.41

Toshiki Ohashi

5,936,911

162,088

22,84397.05

Item 4

6,089,620

9,545

22,841

99.55

Item 1

Number ofabstentions

Approval ratio (%)

Item 2Item 3(Notes) 4. The total including the number of all votes cast by shareholders in attendance calculated
based on the tally sheets are shown as "Reference" because the collation method based on
the tally sheets is different from that for voting under the Companies Act of Japan.