Gjensidige Forsikring ASA Announces Merger With Wholly Owned Subsidiary Gjensidiges Arbejdsskadeforsikring A/S

Gjensidige Forsikring ASA announced that the Boards of Directors of the Company and its wholly-owned, Danish registered subsidiary Gjensidiges Arbejdsskadeforsikring A/S, have in board meetings on March 7, 2012 decided to merge the companies in accordance with the simplified regulation regarding mergers between a parent company and subsidiary across national borders. Due to the merger taking place across national borders, the General Meeting of the Company, as the company taking over, needs to approve the merger plan, according to the Public Limited Companies act.