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Regulatory press release

Storebrand ASA - Contemplating Senior Unsecured Bond Issuance

Storebrand
Storebrand ASA, rated BBB+ (stable) by S&P, has mandated Danske Bank and SEB as
Joint Lead Managers to arrange a Group Investor Call at 13:00 CEST today
Wednesday 10th of September. A senior unsecured bond issue with a targeted
maturity of 5 years and volume up to NOK 500 million will follow subject to
market conditions.

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