NOTIFICATION OF TRANSACTION STOREBRAND ASA

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In relation to the share purchase arrangement for employees in management position Storebrand ASA has today sold 42,344 shares to employees at NOK 46.79 per share.
After this transaction Storebrand ASA owns a total of 3,796,588 own shares.

Lysaker, 22 March  2011

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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