Storebrand ASA — Director's Dealing 2016

May 6, 2016

Mandatory notification of trade

Mandatory notification of trade

Drew Holding Ltd ("Drew"), a company affiliated with

Tor Olav Troim, has on 4 May extended a forward

contract in Storebrand with exposure to 4.950.000

shares. The new forward contract expires 4 Nov 2016

and has a forward price of 29.71.

In addition Drew has acquired a forward contract for a

further 1.000.000 shares. This forward contract

expires 4 Nov at price 34.56.

Including the shares held directly by Drew, its total

exposure in Storebrand has increased from 7.500.000 to

8.500.000 shares following these transactions.

Midelfart Capital AS ("Midelfart") has, on 4 May 2016,

acquired 300.000 shares in Storebrand at a price of

NOK34.17 per share.

Midelfart's total holding in Storebrand has increased

from 2.700.000 to 3.000.000 shares following this

transaction.

Drew and Midelfart has, since September 2015, been

represented in the board of directors of Storebrand by

Mr. Håkon R. Fure.