Issuing senior bonds

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Storebrand ASA has today decided to issue 5 year senior unsecured bonds in NOK.

The purpose of the issue is refinancing of STB04 and general financing of the Issuer.

Nordea Markets and SEB are mandated advisors and bookrunners for the transaction. In connection with the transaction Nordea Markets and SEB on behalf of Storebrand offers to repurchase bonds in STB04 (ISIN: NO0010280118) provided purchasing of bonds in the new loan.

Lysaker, 23rd of March 2011


Contact persons:

Thorodd Bakken, telefon 932 27 445
Head of Capital Markets, SEB

Eindride Stien, telefon 907 69 201
Director, Nordea Markets

Sigbjørn Birkeland, telefon 934 80 893
Finance Director, Storebrand


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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