Storebrand ASA — Major Shareholding Notification 2016

May 18, 2016

Disclosure of Shareholdings: Storebrand ASA

Disclosure of Shareholdings: Storebrand ASA

Pursuant to the requirements set out in the Securities

Trading Act, regulated by the Norwegian Financial

Supervisory Authority ("FSA") and by the Olso Stock

Exchange, please be advised of the shareholding in

Storebrand ASA for Artemis Investment Management LLP.

Due to a purchase of 1,474,223 shares on 13th May 2016

Artemis Investment Management LLP holds 5.1088% or

22,985,092 common stock based on the total number of

voting rights figure of 449,909,891.