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1st Quarter 2006

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  • Storebrand Bank Group reported a pre-tax profit of NOK 48 million for Q1
  • Net income from loan loss provisions of NOK 15 million in Q1
  • Gross lending increased by NOK 500 million in the quarter
  • Lending syndicated to Storebrand Life Insurance increased by NOK 856 million in the quarter
  • Reduction in defaulted and loss-exposed loans

For further information, please contact: <br> Per Kjetil Lilleskare, Director, tel. + 22 31 55 54/mobile +47 41 50 57 50 <br> Kristian Krogenæs,Chief Financial Officer, +47 22 31 53 04/mobile 99 27 23 78

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