Storebrand ASA — Earnings Release 2009

Feb 17, 2010

Storebrand Boligkreditt AS - Interim results for and of the 4th quarter 2009

Storebrand Boligkreditt AS

Interim results for and of the 4th quarter 2009

* Pre-tax profit of NOK 27 million for Q4 and NOK 105 million for the full

year

* Lending volume NOK 12.9 billion, a reduction of 2.3% in the quarter

* Average loan-to-collateral value ratio stable

* NOK 1 billion of 10 year bonds issued during the quarter

* EUR 95 million of bond issue due in 2010 bought back

* Core (tier 1) capital ratio of 12.5%

* Good liquidity

For further information contact:

CEO Åse Jonassen, mobile +47 415 77 397

Finance director, Lars Syse Christiansen, mobil 994 13 172

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

(Norwegian Securities Trading Act)

[HUG#1385169]