Storebrand Bank Group - Interim results for and of the 1st half year 2010

Main feature:
* Pre-tax profit of NOK 51 million for the first half of 2010
* Improved profitability - good cost control
* Deposit-to-loan ratio above 55 per cent
* Sound portfolio quality - costs due to losses remain low
* Ring Eiendomsmegling developing well



For further information contact:

CEO, Truls Nergaard, mobile +47 916 02 270
Finance director, Lars Syse Christiansen, mobile +47 994 13 172


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


[HUG#1431795]