Storebrand Livsforsikring AS - SPP Livförsäkring AB contemplating bond issue

SPP Livförsäkring AB, a wholly owned subsidiary of Storebrand
Livsforsikring AS is contemplating issuance of perpetual subordinated
bonds with a call after 5 years. The purpose of the issuance is to
refinance existing debt.

Nordea Markets and Swedbank have been appointed Joint Lead Managers for
the bond issue.

For more information:

Sigbjørn Birkeland, Finance Director Storebrand ASA +47 934 80 893

Trond Finn Eriksen, Head of Investor Relations +47 991 64 135

Lysaker, 18. February 2014