Protector Forsikring

Major Shareholding Notification • Apr 16, 2018

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached^": PROTECTOR FORSIKRING ASA

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[] An acquisition or disposal of financial instruments

[] An event changing the breakdown of voting rights

[] Other (please specify)":

3. Details of person subject to the notification obligation^®:

Name: Indumenta Pueri, S.L.

City and country of registered office (if applicable):

Malaga, Spain

1. Full name of shareholder(s) (if different from 3.)^v: Global Portfolio Investment, S.L. (B-92709419)

2. Date on which the threshold was crossed or reached^vi: 13/04/2018

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights at- tached to shares (to- tal of $7.A$ )	% of voting rights through financial instru- ments $(total of 7.B.1 + 7.B.2)$	Total of both in % $(7.A + 7.B)$	Total number of voting rights of is- suer vii
Resulting situation on the date on which threshold was crossed or reached	5,00001%		5,00001%	4.307.786
Position of previous notification (if appli- cable)

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached^®:

A: Voting rights attached to shares

Class/type of shares ISIN code (if possi- ble)	Number of voting rights ix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)
N00010209331		4.307.786		5,00001%
SUBTOTAL A

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial in- strument	Expiration date x	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exer- cised/converted.	% of voting rights
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of financial instrument	Expiration date x	Exercise/ Conversion Pe- riod x i	Physical or cash settlement xii	Number of voting rights	% of voting rights
			SUBTOTAL B.2

NDUMENTA PUERI MÁLAGA

1. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial in- struments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Indumenta Pueri, S.L.	5,00001%		5,00001%
Global Portfolio Invest- ments, S.L.	5,00001%		5,00001%

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

Indumenta Pueri, S.L. is a company incorporated and with his tax residence in Spain being the parent company of the "Indumenta Pueri Group" which files his Consolidated Financial Statements in Spain.

From its origins, the "Indumenta Pueri Group" main activity is the design, production, market and distribution of children's fashion. Mayoral Moda Infantil, S.A.U. is the subsidiary, which coordinates this textile activity. Global Portfolio Investments, S.L. is another company of the "Indumenta Pueri Group" which activity is to invest the group's cash surpluses in the capital market.

Done at [place] on [date].

MALAGA, SPAIN on 13/04/2018

Rafael Domínguez de la Maza

Annex: Notification of major holdings (only to be filed with competent authority and not with the relevant issuer)

A: Identity of the person subject to the notification obligation Full name (including legal form for legal entities) Alvaro Gonzalez de Gor Crooke

Contact address (registered office for legal entities) c/ La Orotava 118, Málaga 29006, Spain

E-Mail: alvaro@mayoral.com

Phone number / Fax number Ph: 0034 - 649-475-416

Other useful information (at least legal a contact person for legal persons) Rafael Domínguez de la Maza

B: Identity of the notifier, if applicable

Full name

Contact address

E-Mail

Phone number / Fax number

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information:

ABALLA