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

[the German Securities Trading Act]

2014/04/28

WKN 843002
ISIN DE0008430026

We received the following notifications pursuant to sec. 25a para. 1 WpHG on 28 April 2014:

Notification I:

1. Listed company:

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

2. Notifier:

Credit Suisse Group AG, Zürich, Schweiz

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

23 April 2014

6. Total amount of voting rights:

6.13% (equals 10996780 voting rights) calculated from the following total number of voting rights issued:
179341212

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25a WpHG:
2.72% (equals 4886837 voting rights)
thereof held indirectly: 2.72% (equals 4886837 voting rights)

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
0.89% (equals 1592335 voting rights)
thereof held indirectly: 0.89% (equals 1592335 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
2.52% (equals 4517608 voting rights)

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

Chain of controlled undertakings:
Credit Suisse AG, Credit Suisse International, Credit Suisse Investments (UK), Credit Suisse Investment Holdings (UK), Credit Suisse Securities (Europe) Limited

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

- Long Call Option, Cash Settlement, expiry 30 June.2014
- Short Put Option, Physical Settlement, expiry 16 May 2014
- Short Put Option, Physical Settlement, expiry 20 June 2014
- Short Put Option, Physical Settlement, expiry 19 September 2014
- Short Put Option, Physical Settlement, expiry 19 December 2014
- Short Put Option, Physical Settlement, expiry 20 March 2015
- Short Put Option, Physical Settlement, expiry 19 June 2015
- Equity Swap, cash settlement, expiry 08 May 2014
- Equity Swap, cash settlement, expiry 30 May 2014
- Equity Swap, cash settlement, expiry 31 October 2014
- Equity Swap, cash settlement, expiry 03 November 2014
- Equity Swap, cash settlement, expiry 04 November 2014
- Equity Swap, cash settlement, expiry 29 December 2014
- Equity Swap, cash settlement, expiry 08 January 2015
- Equity Swap, cash settlement, expiry 12 January 2015
- Equity Swap, cash settlement, expiry 13 March 2015
- Equity Swap, cash settlement, expiry 07 April 2015
- Equity Swap, cash settlement, expiry 13 May 2015
- Equity Swap, cash settlement, expiry 15 May 2015
- Equity Swap, cash settlement, expiry 03 July 2015
- Equity Swap, cash settlement, expiry 07 September 2015
- Equity Swap, cash settlement, expiry 15 December 2015
- Equity Swap, cash settlement, expiry 18 July 2016
- Equity Swap, cash settlement, expiry 02 October 2017

Notification II:

1. Listed company:

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

2. Notifier:

Credit Suisse AG, Zurich, Switzerland

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

23 April 2014

6. Total amount of voting rights:

6.13% (equals 10996780 voting rights)  calculated from the following total number of voting rights issued:
179341212

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25a WpHG:
2.72% (equals 4886837 voting rights)
thereof held indirectly: 2.63% (equals 4722937 voting rights)

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
0.89% (equals 1592335 voting rights)
thereof held indirectly: 0.63% (equals 1135735 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
2.52% (equals 4517608 voting rights)

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

Chain of controlled undertakings:
Credit Suisse International, Credit Suisse Investments (UK), Credit Suisse
Investment Holdings (UK), Credit Suisse Securities (Europe) Limited

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

- Long Call Option, Cash Settlement, expiry 30 June.2014
- Short Put Option, Physical Settlement, expiry 16 May 2014
- Short Put Option, Physical Settlement, expiry 20 June 2014
- Short Put Option, Physical Settlement, expiry 19 September 2014
- Short Put Option, Physical Settlement, expiry 19 December 2014
- Short Put Option, Physical Settlement, expiry 20 March 2015
- Short Put Option, Physical Settlement, expiry 19 June 2015
- Equity Swap, cash settlement, expiry 08 May 2014
- Equity Swap, cash settlement, expiry 30 May 2014
- Equity Swap, cash settlement, expiry 31 October 2014
- Equity Swap, cash settlement, expiry 03 November 2014
- Equity Swap, cash settlement, expiry 04 November 2014
- Equity Swap, cash settlement, expiry 29 December 2014
- Equity Swap, cash settlement, expiry 08 January 2015
- Equity Swap, cash settlement, expiry 12 January 2015
- Equity Swap, cash settlement, expiry 13 March 2015
- Equity Swap, cash settlement, expiry 07 April 2015
- Equity Swap, cash settlement, expiry 13 May 2015
- Equity Swap, cash settlement, expiry 15 May 2015
- Equity Swap, cash settlement, expiry 03 July 2015
- Equity Swap, cash settlement, expiry 07 September 2015
- Equity Swap, cash settlement, expiry 15 December 2015
- Equity Swap, cash settlement, expiry 18 July 2016
- Equity Swap, cash settlement, expiry 02 October 2017

Notification III:

1. Listed company:

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

2. Notifier:

Credit Suisse Investments (UK), London, England

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

23 April 2014

6. Total amount of voting rights:

5.26% (equals 9439037 voting rights) calculated from the following total number of voting rights issued:
179341212

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25a WpHG:
2.32% (equals 4168390 voting rights)
thereof held indirectly: 2.32% (equals 4168390 voting rights)

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
0.44% (equals 794308 voting rights)
thereof held indirectly: 0.44% (equals 794308 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
2.50% (equals 4476339 voting rights)

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

Chain of controlled undertakings:
Credit Suisse Investment Holdings (UK), Credit Suisse Securities (Europe) Limited

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

- Long Call Option, Cash Settlement, expiry 30 June.2014
- Short Put Option, Physical Settlement, expiry 16 May 2014
- Short Put Option, Physical Settlement, expiry 20 June 2014
- Short Put Option, Physical Settlement, expiry 19 September 2014
- Short Put Option, Physical Settlement, expiry 19 December 2014
- Short Put Option, Physical Settlement, expiry 20 March 2015
- Short Put Option, Physical Settlement, expiry 19 June 2015
- Equity Swap, cash settlement, expiry 08 May 2014
- Equity Swap, cash settlement, expiry 30 May 2014
- Equity Swap, cash settlement, expiry 31 October 2014
- Equity Swap, cash settlement, expiry 03 November 2014
- Equity Swap, cash settlement, expiry 04 November 2014
- Equity Swap, cash settlement, expiry 29 December 2014
- Equity Swap, cash settlement, expiry 08 January 2015
- Equity Swap, cash settlement, expiry 12 January 2015
- Equity Swap, cash settlement, expiry 13 March 2015
- Equity Swap, cash settlement, expiry 07 April 2015
- Equity Swap, cash settlement, expiry 13 May 2015
- Equity Swap, cash settlement, expiry 15 May 2015
- Equity Swap, cash settlement, expiry 03 July 2015
- Equity Swap, cash settlement, expiry 07 September 2015
- Equity Swap, cash settlement, expiry 15 December 2015
- Equity Swap, cash settlement, expiry 18 July 2016
- Equity Swap, cash settlement, expiry 02 October 2017

Notification IV:

1. Listed company:

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

2. Notifier:

Credit Suisse Investment Holdings (UK), London, England

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

23 April 2014

6. Total amount of voting rights:

5.26% (equals 9439037 voting rights) calculated from the following total number of voting rights issued:
179341212

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25a WpHG:
2.32% (equals 4168390 voting rights)
thereof held indirectly: 2.32% (equals 4168390 voting rights)

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
0.44% (equals 794308 voting rights)
thereof held indirectly: 0.44% (equals 794308 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
2.50% (equals 4476339 voting rights)

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

Chain of controlled undertakings:
Credit Suisse Securities (Europe) Limited

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

- Long Call Option, Cash Settlement, expiry 30 June.2014
- Short Put Option, Physical Settlement, expiry 16 May 2014
- Short Put Option, Physical Settlement, expiry 20 June 2014
- Short Put Option, Physical Settlement, expiry 19 September 2014
- Short Put Option, Physical Settlement, expiry 19 December 2014
- Short Put Option, Physical Settlement, expiry 20 March 2015
- Short Put Option, Physical Settlement, expiry 19 June 2015
- Equity Swap, cash settlement, expiry 08 May 2014
- Equity Swap, cash settlement, expiry 30 May 2014
- Equity Swap, cash settlement, expiry 31 October 2014
- Equity Swap, cash settlement, expiry 03 November 2014
- Equity Swap, cash settlement, expiry 04 November 2014
- Equity Swap, cash settlement, expiry 29 December 2014
- Equity Swap, cash settlement, expiry 08 January 2015
- Equity Swap, cash settlement, expiry 12 January 2015
- Equity Swap, cash settlement, expiry 13 March 2015
- Equity Swap, cash settlement, expiry 07 April 2015
- Equity Swap, cash settlement, expiry 13 May 2015
- Equity Swap, cash settlement, expiry 15 May 2015
- Equity Swap, cash settlement, expiry 03 July 2015
- Equity Swap, cash settlement, expiry 07 September 2015
- Equity Swap, cash settlement, expiry 15 December 2015
- Equity Swap, cash settlement, expiry 18 July 2016
- Equity Swap, cash settlement, expiry 02 October 2017

Notification V:

1. Listed company:

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

2. Notifier:

Credit Suisse Securities (Europe) Limited, London, England

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

23 April 2014

6. Total amount of voting rights:

5.26% (equals 9439037 voting rights) calculated from the following total number of voting rights issued:
179341212

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25a WpHG:
2.32% (equals 4168390 voting rights)
thereof held indirectly: 0% (equals 0 voting rights)

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
0.44% (equals 794308 voting rights)
thereof held indirectly: 0% (equals 0 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
2.50% (equals 4476339 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:

- Long Call Option, Cash Settlement, expiry 30 June.2014
- Short Put Option, Physical Settlement, expiry 16 May 2014
- Short Put Option, Physical Settlement, expiry 20 June 2014
- Short Put Option, Physical Settlement, expiry 19 September 2014
- Short Put Option, Physical Settlement, expiry 19 December 2014
- Short Put Option, Physical Settlement, expiry 20 March 2015
- Short Put Option, Physical Settlement, expiry 19 June 2015
- Equity Swap, cash settlement, expiry 08 May 2014
- Equity Swap, cash settlement, expiry 30 May 2014
- Equity Swap, cash settlement, expiry 31 October 2014
- Equity Swap, cash settlement, expiry 03 November 2014
- Equity Swap, cash settlement, expiry 04 November 2014
- Equity Swap, cash settlement, expiry 29 December 2014
- Equity Swap, cash settlement, expiry 08 January 2015
- Equity Swap, cash settlement, expiry 12 January 2015
- Equity Swap, cash settlement, expiry 13 March 2015
- Equity Swap, cash settlement, expiry 07 April 2015
- Equity Swap, cash settlement, expiry 13 May 2015
- Equity Swap, cash settlement, expiry 15 May 2015
- Equity Swap, cash settlement, expiry 03 July 2015
- Equity Swap, cash settlement, expiry 07 September 2015
- Equity Swap, cash settlement, expiry 15 December 2015
- Equity Swap, cash settlement, expiry 18 July 2016
- Equity Swap, cash settlement, expiry 02 October 2017

Munich, 28 April 2014

The Board of Management