NOTIFICATION OF TRANSACTION STOREBRAND ASA

Storebrand ASA In relation to the share purchase arrangement for employees in management position Storebrand ASA has today sold 90 491 shares to employees at NOK 40.19 per share. After this transaction Storebrand ASA owns a total of 4,724,889 own shares.

Oslo, 3 July 2008

Storebrand ASA

http://www.storebrand.no/

ISIN: NO0003053605

Stock Identifier: XOSL.STB