Gjensidige Forsikring ASA: Acquisition of own shares / primary insider trades

On behalf of Gjensidige (OSE:GJF), DNB has on 15 July 2015 acquired 52 331 shares. The shares have been acquired at an average price of NOK 132.8584 per share.

42 922 shares have been sold to employees, at a price of NOK 132.8584 per share, as part of the Gjensidige share savings scheme 2015.

The acquisition of shares related to the share savings scheme for the second quarter 2015 is now completed.

A total of 7 790 bonus shares are allocated to employees pursuant to the terms of previous years’ share savings scheme. Bonus shares are allocated without further consideration.

Gjensidige now owns 67 220 own shares.

Shares sold to primary insider employees are, together with allocated bonus shares, disclosed in the attachment.

For a description of the share savings scheme, see stock exchange release dated 18 December 2014.

This information is subject to disclosure under the Norwegian Securities Act section §5-12.

Contacts:

Head of Investor Relations: Janne Flessum, Tel: +47 915 14 739

Head of Communication: Øystein Thoresen, Tel: +47 952 33 382