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Protector Forsikring Director's Dealing 2016

May 11, 2016

Director's Dealing

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Notification of trade

Jostein Sørvoll, Chairman of the Board of Directors in Protector Forsikring ASA,

has today - May 11th, 2016 - sold 700,000 shares in Protector Forsikring ASA at

a price of NOK 76.00 per share through his company Alsøy Invest AS.

After the transaction Alsøy Invest AS holds 1,002,751 shares in Protector

Forsikring ASA.

Name: Jostein Sørvoll, v/Alsøy Invest AS

Background: Mandatory notification of trade

Issuer: Protector Forsikring ASA

Financial instrument: PROTCT

Type of transaction: Sale of shares

Time and marked: 11.05.16, Oslo Børs

Price and volume: 700,000 shares at a price of NOK 76.00 per share

Ownership after transaction: 1,002,751 shares

Oslo, May 11th , 2016

Protector Forsikring ASA

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act).