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GJENSIDIGE FORSIKRING ASA : CORRECTION*: Acquisition of own shares / primary insider trades

02/19/2013 | 08:11am US/Eastern

Reason for the correction:

Corrected number of shares bought for employees under the share savings scheme, and Gjensidige Forsikring ASA's holding of own shares.

On behalf of Gjensidige (OSE:GJF), DNB has on February 15, 2013 acquired 74,943 shares. The shares have been acquired at an average price of NOK 89.25 per share.

47,398* shares have been sold to employees, at a price of NOK 89.25 per share, as part of the Gjensidige share savings scheme. For a description of the share savings scheme, see stock exchange release dated November 8, 2011.

15,843 shares at a price of NOK 89.25 have been allocated to executive personnel as variable pay. For a description of variable pay to executive personnel, reference is made to note 18 in the annual report 2011.

Gjensidige now owns 77,501* own shares.

Shares sold and/or allocated to primary insider employees are disclosed in the attachment.

Acquisition of shares related to the share savings scheme for the fourth quarter 2012 and variable pay 2012 is now completed.

This information is subject to disclosure under the Norwegian Securities Act section §5-12

IR Director Janne Merete Flessum. Tel:  47 915 14 739

Head of Information Øystein Thoresen. Tel: 47 952 33 382

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