GJEPF: Redemption of Gjensidige Pensjonsforsikring AS 16/26 FRN C SUB loan

Following the previously announced decision on early redemption of Gjensidige
Pensjonsforsikring AS 16/26 FRN C SUB loan, all bonds under the loan have been
redeemed at the price of 100.

Contact persons:

Head of Investor Relations: Mitra Hagen Negård, Tel: 47 957 93 631

Investor Relations Officer: Kjetil Gill Østvold, Tel: 47 468 63 004

Media Relations Officer: Christian H. Haraldsen, Tel: 47 907 87 449