SHARE BUY-BACK PROGRAMME
As previously announced, the Annual General Meeting of Storebrand ASA held on 28 April 2004 granted the company's Board of Directors a mandate for the company to acquire its own shares. At a Board meeting held on 15 June 2004, the Board of Directors of Storebrand ASA approved a mandate for the company's management to start a first tranch of a share buy-back programme. Storebrand will report acquisitions of its own shares and the company's cumulative holding of its own shares by issuing stock exchange notices. Information on the share buy-back programme will also be provided on the