Protector Forsikring — Director's Dealing 2010

Mar 9, 2010

Notification of trade

Sverre Bjerkeli, CEO in Protector Forsikring ASA, has

monday March 8th transferred 400,000 shares to his

company Tjongsfjord Invest AS at a price of NOK 11,00

per share. Following the transaction, Sverre Bjerkeli

holds 2,661,809 shares in Protector, through

Tjongsfjord Invest AS. In addition, Sverre Bjerkeli

owns 100,000 options in Protector.

Oslo, March 9th 2010

Protector Forsikring ASA

This information is subject of the disclosure

requirements acc. to §5-12 vphl (Norwegian Securities

Trading Act).