Storebrand Bank ASA: Mandated arrangers for potential new subordinated tier 2 bond issue

Storebrand Bank ASA has mandated Danske Bank and Swedbank for potential issuance
of a new subordinated tier 2 bond issue with expected size of up to NOK 300
million, subject to market conditions. The potential subordinated tier 2 bond
issue will have a tenor of 10 years with first call 5 years after the issue
date. The transaction is approved by the board and the general meeting in the
bank.

Contact information:
Einar Andreas Leikanger, Head of Treasury, Storebrand Bank ASA, tel.: +47 934
203 79