Correction: Mandatory notification of trade

This is a correction of the announcement from 08:55
22.12.2015. Reason for the correction: The company name Tomma
Invest AS was already registered. The name is corrected from
Tomma Invest AS in the original announcement to Alsøy Invest
AS.

Corrected announcement
----------------------------------------------------------
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 Alsøy Invest AS as of 30.
September 2015.

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