Storebrand ASA : successfully signs a EUR 240 million Revolving Credit Facility

Storebrand ASA is pleased to announce the successful signing of a new 5 year EUR 240 million Multicurrency Revolving Credit Facility, which will replace the existing EUR 240 million facility signed in 2012. A total of 8 banks participated in the new credit facility. Going forward they will comprise Storebrand's core relationship bank group.

Danske Bank A/S acted as Co-ordinator with Nordea Bank AB as Facility Agent. The Facility is provided by Citigroup, Danske Bank, Handelsbanken, J.P.Morgan, Nordea, Skandinaviska Enskilda Banken, Swedbank AB and The Royal Bank of Scotland.

"We are delighted with the support shown to Storebrand by our key relationship banks which has enabled Storebrand to put in place a longer facility at a reduced cost" said Mr. Lars Aa.

Lysaker, 19 December 2014

For further information, please contact:

Sigbjørn Birkeland, +47 934 80 893
Finance Director, Storebrand ASA

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