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Release of an announcement according to Section 25, para. 1 of the WpHG

[the German Securities Trading Act]

2013/05/03

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    Wertpapierkennnummer 843002
    ISIN DE0008430026

    We received the following notification pursuant to sec. 25, para. 1 of the WpHG on 29 April 2013

    1. Listed company:

    Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
    Königinstraße 107, 80802 München, Germany

    2. Notifier:

    Commerzbank Aktiengesellschaft, Frankfurt am Main, Germany

    3. Triggering event:

    Exceeding threshold

    4. Threshold(s) crossed or reached:

    5%

    5. Date at which the threshold is crossed or reached:

    23 April 2013

    6. Total amount of voting rights:

    7.64% (equals 13,698,972 voting rights)
    calculated from the following total number of voting rights issued:
    179,341,212

    7. Detailed information on the voting rights proportion:

    Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
    4.08% (equals 7,321,110 voting rights)
    thereof held indirectly: 0% (equals 0 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    3.56% (equals 6,377,862 voting rights)

    8. Detailed information on financial/other instruments pursuant to sec. 25 WpHG:

    Chain of controlled undertakings:
    .

    ISIN or name/description of the financial/other instrument:

    - Retransfer rights of lending , period: for the time being
    - Call-Option with physical delivery, expiry 21 June 2013
    - Call-Option with physical delivery, expiry 20 Sept. 2013
    - Call-Option with physical delivery, expiry 20 Dec. 2013
    - Call-Option with physical delivery, expiry 21 March 2014
    - Call-Option with physical delivery, expiry 19 Dec. 2014

    Munich, 3 May 2013

    The Board of Management