Storebrand ASA — Capital/Financing Update 2014

Dec 19, 2014

Storebrand ASA successfully signs a EUR 240 million Revolving Credit Facility

Storebrand ASA successfully signs a EUR 240 million Revolving Credit Facility

Storebrand ASA is pleased to announce the successful signing of a new 5 year EUR

240 million Multicurrency Revolving Credit Facility, which will replace the

existing EUR 240 million facility signed in 2012. A total of 8 banks

participated in the new credit facility. Going forward they will comprise

Storebrand's core relationship bank group.

Danske Bank A/S acted as Co-ordinator with Nordea Bank AB as Facility Agent. The

Facility is provided by Citigroup, Danske Bank, Handelsbanken, J.P.Morgan,

Nordea, Skandinaviska Enskilda Banken, Swedbank AB and The Royal Bank of

Scotland.

"We are delighted with the support shown to Storebrand by our key relationship

banks which has enabled Storebrand to put in place a longer facility at a

reduced cost" said Mr. Lars Aa. Løddesøl, Group Chief Financial Officer at

Storebrand ASA

Lysaker, 19 December 2014

For further information, please contact:

Sigbjørn Birkeland, +47 934 80 893

Finance Director, Storebrand ASA