STOREBRAND ASA: SUCCESSFULLY COMPLETED BOND ISSUE

Reference is made to the notification sent on 9 October 2013 regarding new contemplated bond issue for Storebrand ASA. Storebrand ASA has successfully completed a dual tranche unsecured bond issues in 5 and 7 year tenor. Both tranches where oversubscribed where target amount in total was set to 750 million NOK.

A 5 year note carries the interest of 3-month NIBOR + 1.75 per cent, volume 450 million NOK.

A 7 year note carries the interest of 4.95% pro anno, 300 million NOK.

Settlement date is expected to be 22 October 2013 on both tranches.

In connection with the issue Storebrand ASA bought back NOK 10 million of STB06 and NOK 253.5 million of STB07

Contact persons:

Morten Fornes, DnB Markets, +47 24 16 90 18

Petter Andreassen, SEB, +47 22 82 72 11

Sigbjørn Birkeland, Finance Director Storebrand ASA +47 934 80 893

Lysaker, 9. October 2013