NEW BOARD MEMBER IN STOREBRAND ASA

In a meeting held on 24 May 2011, Storebrand ASA's Board of Representatives
elected Monica Caneman as a new member of the board.

The sitting board members, Birger Magnus, Halvor Stenstadvold, Jon Arnt
Jacobsen, Birgitte Nielsen, John Staunsbjerg Dueholm and Heidi Skaaret, were all
re-elected.

Following this the Board of Storebrand ASA consists of the following members:
Birger Magnus (Chairman of the Board), John Staunsbjerg Dueholm, Jon Arnt
Jacobsen, Halvor Stenstadvold, Birgitte Nielsen, Heidi Skaaret, Monica Caneman,
Ann-Mari Gjøstein, Knut Dyre Haug and Kirsti Valborgland.


Oslo, 27 May 2011

Contacts:

EVP Corporate Communications Egil Thompson - Mobile: (+47) 93 48 00 12

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




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