Mandatory notification of trade

Chairman of the Board in Protector Forsikring ASA (Ticker PCT)
Jostein Sørvoll owns the majority of shares in Gabler Rådgivning
AS which in turn owns 1 702 751 shares in Protector Forsikring
ASA.

In connection with reorganization of Gabler Rådgiving AS, which
is sent the Norwegian Brønnøysund Register Centre today, the
shares owned by Gabler Rådgiving AS in Protector Forsikring ASA
- valued at NOK 102 164 060, or NOK 60 per share - will be
transferred to Tomma Invest AS as of 30. September 2015.

The ownership of Tomma Invest AS is identical to the ownership
of Gabler Rådgiving AS, and Jostein Sørvoll is the majority
owner of Tomma Invest AS. After the transaction Gabler Rådgiving
AS will own 0 shares, and Tomma Invest will own 1 702 751 shares
in Protector Forsikring ASA.