Declaration of dividend

At a board meeting on 20 October 2014, the Board decided to distribute excess capital in the form of increased dividend for the 2013 financial year of NOK 2,000 million, corresponding to NOK4.00 per share.

The decision was made on the basis of the Board’s current authorisation to determine distribution of dividend granted by the ordinary general meeting on 24 April 2014, and the distribution is in accordance with the current capital strategy and dividend policy.

Ex-dividend date is set to 28 October 2014. Shareholders as of 27 October 2014 are entitled to receive dividend, and the dividend will be distributed on 6 November 2014.

Contact persons Gjensidige Forsikring ASA:Head of Investor Relations: Janne Flessum, Tel: +47 915 14 739
Head of Media Relations, Øystein Thoresen, Tel: +47 952 33 382

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