Storebrand ASA : SUCCESSFUL COMPLETION OF BOND ISSUE

Storebrand ASA today successfully completed the issuance of NOK 750 million 5 year senior unsecured bonds carrying a coupon of Nibor + 2.40 %. Settlement date for the bonds will be 24 May 2012.

The bond issue was arranged by Nordea Markets and SEB.

For further information, contact:

Sigbjørn Birkeland, +47 934 80 893
Finance Director, Storebrand

Storebrand ASA,

Lysaker, 14 May 2012

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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