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


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)