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

[the German Securities Trading Act]

2014/12/15

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    WKN 843002
    ISIN DE0008430026

    We received the following notifications pursuant to sec. 25 para. 1 WpHG:

    Notification I:

    1. Listed company:

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

    2. Notifier:

    BlackRock Inc., New York, NY, USA

    3. Triggering event:

    Exceeding threshold

    4. Threshold(s) crossed or reached:

    5%

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

    10 December 2014

    6. Total amount of voting rights:

    5.54% (equals 9,580,075 voting rights)
    calculated from the following total number of voting rights issued:
    172,942,618

    7. Detailed information on the voting rights proportion:

    Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
    0.03% (equals 56,000 voting rights)
    thereof held indirectly: 0.03% (equals 56,000 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    5.51% (9,524,075 voting rights)

    8. Detailed information on financial/other instruments:

    Chain of controlled undertakings:
    BlackRock Holdco 2 Inc., BlackRock Financial Management Inc., BlackRock
    Holdco 4 LLC, BlackRock Holdco 6 LLC, BlackRock Delaware Holdings Inc.,
    BlackRock Institutional Trust Company National Association

    Notification II:

    1. Listed company:

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

    2. Notifier:

    BlackRock Holdco 2 Inc., Wilmington, DE, USA

    3. Triggering event:

    Exceeding threshold

    4. Threshold(s) crossed or reached:

    5%

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

    10 December 2014

    6. Total amount of voting rights:

    5.44% (equals 9,405,606 voting rights)
    calculated from the following total number of voting rights issued:
    172,942,618

    7. Detailed information on the voting rights proportion:

    Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
    0.03% (equals 56,000 voting rights)
    thereof held indirectly: 0.03% (equals 56,000 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    5.41% (9,349,606 voting rights)

    8. Detailed information on financial/other instruments:

    Chain of controlled undertakings:
    BlackRock Financial Management Inc., BlackRock Holdco 4 LLC, BlackRock
    Holdco 6 LLC, BlackRock Delaware Holdings Inc., BlackRock Institutional
    Trust Company National Association

    Notification III:

    1. Listed company:

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

    2. Notifier:

    BlackRock Financial Management Inc., New York, NY, USA

    3. Triggering event:

    Exceeding threshold

    4. Threshold(s) crossed or reached:

    5%

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

    10 December 2014

    6. Total amount of voting rights:

    5.42% (equals 9,365,806 voting rights)
    calculated from the following total number of voting rights issued:
    172,942,618

    7. Detailed information on the voting rights proportion:

    Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
    0.03% (equals 56,000 voting rights)
    thereof held indirectly: 0.03% (equals 56,000 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    5.38% (9,309,806 voting rights)

    8. Detailed information on financial/other instruments:

    Chain of controlled undertakings:
    BlackRock Holdco 4 LLC, BlackRock Holdco 6 LLC, BlackRock Delaware Holdings
    Inc., BlackRock Institutional Trust Company National Association

    Munich, 15 December 2014
    The Board of Management