STOREBRAND ASA: USE OF TRANSITIONAL RULES UNDER SOLVENCY II APPROVED BY THE NFSA

The Norwegian Financial Supervisory Authority of Norway (NFSA) has today approved the use of transitional rules for technical provisions for Storebrand Livsforsikring AS under Solvency II. The transitional rules can be recalculated quarterly.

Lysaker, 22. December 2015

Contact

Kjetil Ramberg Krøkje, Head of Investor Relations. Kjetil.r.krokje@storebrand.no T: +47 934 12 155

Storebrand's ambition is to be the best provider of saving for pensions. Storebrand will deliver sustainable solutions adapted to the customer's individual situation, so that each person receives a better pension in a more sustainable world. Storebrand has about 40 000 corporate customers and 1.9 million individual customers, and a head quarter situated at Lysaker outside of Oslo (Norway). Storebrand manages more than NOK 560 bn and is Norway's largest asset manager. We work hard to reach out vision: Recommended by our customers. Storebrand (STB) is listed on Oslo Stock Exchange and member of Dow Jones Sustainability Index since 1999.

Visit us at www.storebrand.no and follow us on twitter: @Storebrand_no