Storebrand ASA — Capital/Financing Update 2010

Mar 9, 2010

Senior bond issue

Storebrand ASA has today successfully completed the issue of senior unsecured

bonds for NOK 600 million. The issue contains of one 3-year NOK 200 million

fixed rate bond at a coupon of 5,0%, and a 3-year senior floating rate notes for

NOK 400 million 3 month coupon rate of NIBOR + 1.50%.

Advisor and bookrunner was DnB NOR Markets.

Oslo, 9 March 2010

Contact persons:

Storebrand, Trond Finn Eriksen, 99 16 41 35

DnB NOR Markets, Jan Krogh-Vennemo, 22 01 77 89 or Preben Stray, 22 01 77 72

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

(Norwegian Securities Trading Act)

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