Storebrand ASA

Storebrand ASA - Successful placement of senior unsecured bonds

Storebrand ASA has today issued a new NOK 500 million 5-year bond issue with

floating rate coupon of 3 months Nibor +0.92% p.a.

The proceeds from the bond issue will be used for general corporate purposes and

the bonds will be applied for listing on Nordic ABM.

Danske Bank and SEB acted as Joint Lead Managers for the transaction.

For further information, please contact:

Nikola Heitmann, Head of Capital Management, tel.: +47 416 97 236

Kjeil R. Krøkje, Head of Finance, Strategy and M&A, tel.: +47 934 12 155

Storebrand is a Nordic financial group, delivering increased security and

financial wellness for people and companies. We offer sustainable solutions and

encourage our customers to take good economic decisions for the future. Our

purpose is clear: we create a brighter future. Storebrand has about 55.000

corporate customers, 2.2 million individual customers and manages NOK 1,281

billion. The Group has its headquarter at Lysaker outside of Oslo, Norway.

Storebrand (STB) is listed on Oslo Stock Exchange.

www.storebrand.no

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act.

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