Storebrand ASA — M&A Activity 2014

Feb 26, 2014

Storebrand ASA: Gjensidige Forsikring ASA sells its shares in Storebrand ASA

Storebrand ASA: Gjensidige Forsikring ASA sells its shares in Storebrand ASA

Gjensidige Forsikring ASA has in a stock exchange release today

announced that they have sold or agreed to sell 90,458,254 shares in

Storebrand ASA, representing 20.11 % of the share capital. The shares

were sold at a price of NOK 36.00 per share. Following completion of the

sale, Gjensidige no longer holds any shares in Storebrand ASA.

Lysaker 26 February 2014

Contacts:

Elin Myrmel-Johansen, Director of Communications, mob +47 934 80 538

Trond Finn Eriksen, Head of Investor Relations, mob. +47 991 64 135