June 19 (Reuters) - Insurance Australia Group Ltd IAG.AX :
* SALE OF OPERATIONS IN THAILAND, INDONESIA AND VIETNAM
* DEAL AT SALE PRICE OF ABOUT $525 MILLION
* AFTER-TAX PROFIT OF AT LEAST $200 MILLION IS EXPECTED TO BE IDENTIFIED IN IAG'S FY19 RESULTS FROM COMBINED DEALS
* ENTERED INTO A SALE AGREEMENT WITH TOKIO MARINE & NICHIDO FIRE INSURANCE CO FOR IAG'S OPERATIONS IN THAILAND AND INDONESIA
* SEPARATE TO TRANSACTIONS WITH TOKIO MARINE, IAG (LON:ICAG) TO SELL ITS 73.07% INTEREST IN AAA ASSURANCE CORPORATION, BASED IN VIETNAM
* BASED ON CAPITAL POSITION AT 31 DEC 2017, DEALS ARE EXPECTED TO ADD AT LEAST 13 BASIS POINTS TO IAG'S CET1 RATIO
* ALL TRANSACTIONS ARE EXPECTED TO CONCLUDE IN FINANCIAL YEAR ENDED 30 JUNE 2019
* IAG'S INTERESTS IN MALAYSIA AND INDIA WILL CONTINUE TO BE TREATED AS ASSOCIATES
* APPROXIMATELY 50 BASIS POINTS ENHANCEMENT TO REPORTED INSURANCE MARGIN IN FY18 AFTER DEALS
* COMBINED PROFIT FROM SALE OF THAILAND, INDONESIA AND VIETNAM WILL BE TREATED AS AN 'UNUSUAL ITEM' IN IAG'S FY19 RESULTS
* COMBINED PROFIT FROM SALE OF THAILAND, INDONESIA, VIETNAM WILL BE EXCLUDED FROM CASH EARNINGS FOR DIVIDEND CALCULATIONS