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

[the German Securities Trading Act]

2013/05/10

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    Wertpapierkennnummer 843002
    ISIN DE0008430026

    We received the following notification pursuant to sec. 25a para. 1 WpHG on 8 May 2013:

    1. Listed company:

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

    2. Notifier:

    Commerzbank Aktiengesellschaft, Frankfurt am Main, Germany

    3. Triggering event:

    Falling below threshold

    4. Threshold(s) crossed or reached:

    5%

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

    7 May 2013

    6. Total amount of voting rights:

    0.93% (equals 1,670,850 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. 25a WpHG:
    0.76% (equals 1,367,938 voting rights)
    thereof held indirectly: 0% (equals 0 voting rights)

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

    Voting rights pursuant to sec. 21, 22 WpHG:
    0.17% (equals 302,912 voting rights)

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

    Chain of controlled undertakings:
    -

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

    - Put-Option with physical delivery, expiry 17 May 2013
    - Put-Option with physical delivery, expiry 21 June 2013
    - Put-Option with physical delivery, expiry 20 Sept. 2013
    - Put-Option with physical delivery, expiry 20 Dec. 2013
    - Put-Option with physical delivery, expiry 21 March 2014
    - Put-Option with physical delivery, expiry 20 June 2014
    - Put-Option with physical delivery, expiry 19 Dec. 2014
    - Equity Futures, maturity 17 May 2013

    Munich, 10 May 2013

    The Board of Management