Storebrand Bank ASA - New Senior Unsecured Bond With 6.5% Coupon Maturing In 2015 Issued

Storebrand ASA Storebrand Bank has today issued the first tranche of NOK 500 million in a new NOK 1 billion 6.50% fixed rate senior unsecured bond loan falling due on 4 June 2015. Lead arranger was DnB NOR Markets and the issue has been done in the Norwegian market.

Oslo, 4 June 2008

Contact person: Finance Director Trond Fladvad i Storebrand Bank: +47 928 97 173.

Storebrand ASA

http://www.storebrand.no/

ISIN: NO0003053605

Stock Identifier: XOSL.STB