Gjensidige Forsikring ASA

Transaction in Own Shares • Jul 17, 2018

Acquisition of own shares / primary insider trades

Acquisition of own shares / primary insider trades

On behalf of Gjensidige (OSE:GJF), DNB has on 16 July 2018 acquired 77,046

shares. The shares have been acquired at an average price of NOK 124.7564 per

share.

61,897 shares have been sold to employees, at a price of NOK 124.7564 per share,

as part of the Gjensidige share savings scheme 2018.

Acquisition of shares for the share savings scheme for the second quarter 2018

is now completed.

A total of 9,983 bonus shares are allocated to employees pursuant to the terms

of previous years' share savings scheme. Bonus shares are allocated without

further consideration.

Gjensidige now owns 24,830 own shares.

Shares sold or allocated to primary insider employees are disclosed in the

attachment to this disclosure.

For a description of the share savings scheme, see stock exchange release dated

19 December 2017.

This information is subject to disclosure under the Norwegian Securities Act

section §5-12.

Contacts:

Investor Relations Officer, Mitra Hagen Negård: Tel +47 957 93 631

Head of Communication: Øystein Thoresen, Tel: +47 952 33 382