Storebrand Bank ASA

Storebrand Bank ASA is considering issuing a new Tier 1 Perpetual Bond up to NOK 150

million. The bond is perpetual with redemption rights for the issuer after 5

years.

The bond will include a regulatory call in case the capital fails to meet future

regulatory requirements for Tier 1 capital.

Arrangers for the new issue are Danske Bank Markets and

Swedbank First Securities.

Contact person:   Finance Director Sigbjørn Birkeland in Storebrand ASA: +47 934 80 893.

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

(Norwegian Securities Trading Act)

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