Primary insider employee's subscription to the share savings scheme for 2018

Primary insider Truls Erik Samdal Aasen has on 8 March 2018 subscribed to the
share savings scheme for employees for 2018.

Aasen has subscribed for NOK 74,997. He, and closely related parties, do not
hold any shares in Gjensidige.

Reference is made to the stock exchange disclosure of 19 December 2017 for
description of the conditions related to the share savings scheme for employees
in Gjensidige.

This information is subject to disclosure under the Norwegian Securities Act
section 5-12

Contact:

Anette Bolstad, Investor Relations Officer, Tel +47 416 77 722