Storebrand Livsforsikring AS has 7 May issued hybrid tier one capital securities of a total of NOK 1.5 billion. The coupon on the floating rate was set at NIBOR plus 4.00%-points.

 

Bookrunner: Nordea Markets.

Lead managers: Nordea Markets, UBS Investment Bank, and JPMorgan.

Prospectus is available on www.storebrand.no.

 

Oslo, 8 May 2008

 

Contact persons:

Storebrand, Egil Thompson: mobil +47 93 48 00 12

Nordea Markets, Eindride Stien, mobil +47 90 76 92 01