New Managing Director Storebrand Bank

The Board of Storebrand Bank has appointed Truls Nergaard as Managing Director of Storebrand Bank. Nergaard has since 15 May been appointed temporarily in the position. Nergaard comes from the position as head of the corporate department of Storebrand Bank and has extensive experience within banking and finance. Lysaker, 28 June 2010 This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) [HUG#1427705] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Storebrand ASA via Thomson Reuters ONE