STOREBRAND BANK ASA - SALE, TAP AND BUYBACK OF BONDS

Storebrand Bank ASA has sold NOK 1,000 million of STORK21-NO0013457218. At the
same time, Storebrand Boligkreditt AS has increased the size of STORK21
-NO0013457218 by NOK 700 million, of which Storebrand Bank ASA retains NOK 500
million as a new holding. Additionally, Storebrand Bank ASA has purchased NOK
200 million of STORK18-NO0011073140.

Contact person:

Einar Leikanger. Head of Treasury T: +47 934 20379