Senior bond issue

Storebrand ASA has today successfully completed the issue of senior unsecured
bonds for NOK 600 million. The issue contains of one 3-year NOK 200 million
fixed rate bond at a coupon of 5,0%, and a 3-year senior floating rate notes for
NOK 400 million 3 month coupon rate of NIBOR + 1.50%.
Advisor and bookrunner was DnB NOR Markets.

Oslo, 9 March 2010

Contact persons:
Storebrand, Trond Finn Eriksen, 99 16 41 35
DnB NOR Markets, Jan Krogh-Vennemo, 22 01 77 89 or Preben Stray, 22 01 77 72

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1392237]