STOREBRAND BANK ASA - ISSUE AND BUYBACK OF BOND

Storebrand Bank ASA has issued NOK 300 million of a new 3 year FRN unsecured
bond- ISIN NO0010881386 with maturity on 04.05.2023.

Storebrand Bank ASA has bought back NOK 120 million of bond STORB 58 PRO  -
NO0010831571 and NOK 20 million of bond STORB 52 PRO  - ISIN  NO0010762891. The
bond maturity date are  06.09.2021 and 19.04.2021.

Contact person:

Einar Leikanger, Head of Treasury Storebrand Bank ASA, tlf.: +47 93420379