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Regulatory press release

Storebrand ASA - Successful Placement of Senior Unsecured Bonds

Storebrand
Storebrand ASA, rated BBB+ (stable) by S&P, has today issued a new NOK 500
million 5-year bond issue with a floating rate coupon of 3 months Nibor +1.00%
p.a. The proceeds from the bond issue will be used for general corporate
purposes and the bonds will be applied for listing on Nordic ABM. Danske Bank
and SEB acted as Joint Lead Managers for the transaction.

For further information, please contact: Einar Leikanger, Head of Treasury,
tel.: +47 934 20 379, Kjetil R. Krøkje, Group Head of Finance & Strategy, tel.:
+47934 12 155

Storebrand's ambition is to provide our customers with financial freedom and
security by being the best provider of long-term savings and insurance.
Storebrand will deliver sustainable solutions adapted to the customer's
individual situation. Storebrand has about 40.000 corporate customers and 2
million individual customers, and has its headquarter at Lysaker outside of
Oslo, Norway. Storebrand manages NOK 1 040 bn and is one of the largest asset
managers in the Nordics. Storebrand (STB) is listed on Oslo Stock Exchange.
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