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

[the German Securities Trading Act]

2015/03/31

WKN 843002
ISIN DE0008430026
(BlackRock)

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., 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:

25 March 2015

6. Total amount of voting rights:

6.00% (equals 10,375,098 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:
0.005% (equals 8,635 voting rights)
thereof held indirectly: 0.005% (equals 8,635 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
5.99% (10,366,463 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:

25 March 2015

6. Total amount of voting rights:

5.90% (equals 10,196,225 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:
0.005% (equals 8,635 voting rights)
thereof held indirectly: 0.005% (equals 8,635 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
5.89% (10,187,590 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., 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:

25 March 2015

6. Total amount of voting rights:

5.90% (equals 10,196,225 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:

0.005% (equals 8,635 voting rights)
thereof held indirectly: 0.005% (equals 8,635 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
5.89% (10,187,590 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, 31 March 2015
The Board of Management