Protector Forsikring

Transaction in Own Shares • May 22, 2015

PROTCT - Protector Forsikring ASA selger 3.57 millioner aksjer i Protector Forsikring ASA

PROTCT - Protector Forsikring ASA selger 3.57 millioner aksjer i Protector Forsikring ASA

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR

INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR

DISSEMINATION IN OR INTO THE UNITED STATES OF

AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS,

ANY STATE OF THE UNITED STATES OF AMERICA AND THE

DISTRICT OF COLUMBIA) THE UNITED STATES),

AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER

JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE

WOULD BE UNLAWFUL.

PROTCT - Protector Forsikring ASA selger 3.57

millioner aksjer i Protector Forsikring ASA

Oslo, 22. mai 2015: Det vises til børsmelding av

den 21. mai 2015 angående Protector Forsikring ASAs

("Protector", ticker "PROTCT") potensielle salg av

ca. 3.57 millioner egne aksjer i Protector.

Protector har idag solgt 3 570 661 aksjer i

Protector, tilsvarende 4,14 % av utestående

aksjekapital og stemmeberettigede aksjer i

Protector, gjennom en akselerert bookbuilding-

prosess rettet mot institusjonelle og andre

profesjonelle investorer. Aksjene ble solgt for NOK

75 pr aksje.

Etter gjennomføringen av Salget, har Protector

ingen beholdning av egne aksjer.

Nordea Markets har vært finansiell rådgiver i

transaksjonen.

For ytterligere informasjon, vennligst kontakt:

Sverre Bjerkeli, CEO

Tel: +47 928 38 072

Denne opplysningen er informasjonspliktig etter

verdipapirhandelloven §§ 4-2 og 5-12.

Important Notice

These materials are not an offer for sale of

securities in the United States. The Shares (as

defined below) have not been, and will not be,

registered under the U.S. Securities Act of 1933,

as amended (the "Securities Act") and may not be

sold in the United States absent registration with

the United States Securities and Exchange

Commission or an exemption from registration under

the Securities Act. There will not be a public

offering of the Shares in the United States.

This announcement is not an offer of securities or

investments for sale nor a solicitation of an offer

to buy securities or investments in any

jurisdiction where such offer or solicitation would

be unlawful. No action has been taken that would

permit an offering of the securities or possession

or distribution of this announcement in any

jurisdiction where action for that purpose is

required. Persons into whose possession this

announcement comes are required to inform

themselves about and to observe any such

restrictions. Any failure to comply with these

restrictions may constitute a violation of the

securities laws of any such jurisdiction.

In member states of the European Economic Area

("EEA") which have implemented the Prospectus

Directive (each, a "Relevant Member State"), this

announcement and any offer if made subsequently is

directed exclusively at persons who are "qualified

investors" within the meaning of the Prospectus

Directive ("Qualified Investors"). For these

purposes, the expression "Prospectus Directive"

means Directive 2003/71/EC (and amendments thereto,

including the 2010 PD Amending Directive, to the

extent implemented in a Relevant Member State), and

includes any relevant implementing measure in the

Relevant Member State and the expression "2010 PD

Amending Directive" means Directive 2010/73/EU.

In the United Kingdom this announcement is directed

exclusively at Qualified Investors (i) who have

professional experience in matters relating to

investments falling within Article 19(5) of the

Financial Services and Markets Act 2000 (Financial

Promotion) Order 2005, as amended (the "Order") or

(ii) who fall within Article 49(2)(A) to (D) of the

Order, and (iii) to whom it may otherwise lawfully

be communicated. In connection with any offering of

the shares of Protector Forsikring ASA

(the "Shares"), the Bookrunner and any of their

affiliates acting as an investor for their own

account may take up as a principal position any

Shares and in that capacity may retain, purchase or

sell for their own account such Shares. In addition

the Bookrunner or its affiliates may enter into

financing arrangements and swaps with investors in

connection with which the Bookrunners (or their

affiliates) may from time to time acquire, hold or

dispose of Shares. The Bookrunner does not intend

to disclose the extent of any such investment or

transactions otherwise than in accordance with any

legal or regulatory obligation to do so.

The Bookrunner is acting on behalf of Protector

Forsikring ASA and no one else in connection with

any offering of the Shares and will not be

responsible to any other person for providing the

protections afforded to clients of the

Bookrunner,or for providing advice in relation to

any offering of the Shares.