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

[the German Securities Trading Act]

2015/04/21

WKN 843002
ISIN DE0008430026
(Credit Suisse)

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

Notification I:

1. Listed company:

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

2. Notifier:

Credit Suisse Group 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:

14 April 2014

6. Total amount of voting rights:

5.16% (equals 8,926,567 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. 25a WpHG:
0.33% (equals 567,177 voting rights)
thereof held indirectly: 0.33% (equals 567,177 voting rights)

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
1.27% (equals 2,191,332 voting rights)
thereof held indirectly: 1.27% (equals 21,191,332 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
3.57% (equals 6,168,058 voting rights)

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

Chain of controlled undertakings:
Credit Suisse AG, 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 17 June 2016
- Long Call Option, Cash Settlement, expiry 30 June 2016
- Short Put Option, Physical Settlement, expiry 08 May 2015
- Short Put Option, Physical Settlement, expiry 12 June 2015
- Short Put Option, Physical Settlement, expiry 11 September 2015
- Short Put Option, Physical Settlement, expiry 11 December 2015
- Short Put Option, Physical Settlement, expiry 10 June 2016
- Short Put Option, Physical Settlement, expiry 17 June 2016
- Short Put Option, Physical Settlement, expiry 09 December 2016
- Equity Swap, cash settlement, expiry 04 May 2015
- Equity Swap, cash settlement, expiry 05 May 2015
- Equity Swap, cash settlement, expiry 04 June 2015
- Equity Swap, cash settlement, expiry 03 July 2015
- Equity Swap, cash settlement, expiry 05 October 2015
- Equity Swap, cash settlement, expiry 08 October 2015
- Equity Swap, cash settlement, expiry 15 December 2015
- Equity Swap, cash settlement, expiry 24 December 2015
- Equity Swap, cash settlement, expiry 08 February 2016
- Equity Swap, cash settlement, expiry 03 May 2016
- Equity Swap, cash settlement, expiry 19 May 2016
- Equity Swap, cash settlement, expiry 02 June 2016
- Equity Swap, cash settlement, expiry 04 July 2016
- Equity Swap, cash settlement, expiry 02 September 2016
- Equity Swap, cash settlement, expiry 04 October 2016
- Equity Swap, cash settlement, expiry 28 April 2017

Notification II:

1. Listed company:

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Königinstr. 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:

14 April 2015

6. Total amount of voting rights:

5.16% (equals 8,926,567 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. 25a WpHG:
0.33% (equals 567,177 voting rights)
thereof held indirectly: 0.23% (equals 403,592 voting rights)

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
1.27% (equals 2,191,332 voting rights)
thereof held indirectly: 0.87% (equals 1,508,771 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
3.57% (equals 6,168,058 voting rights)

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

Chain of controlled undertakings:
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 17 June 2016
- Long Call Option, Cash Settlement, expiry 30 June 2016
- Short Put Option, Physical Settlement, expiry 08 May 2015
- Short Put Option, Physical Settlement, expiry 12 June 2015
- Short Put Option, Physical Settlement, expiry 11 September 2015
- Short Put Option, Physical Settlement, expiry 11 December 2015
- Short Put Option, Physical Settlement, expiry 10 June 2016
- Short Put Option, Physical Settlement, expiry 17 June 2016
- Short Put Option, Physical Settlement, expiry 09 December 2016
- Equity Swap, cash settlement, expiry 04 May 2015
- Equity Swap, cash settlement, expiry 05 May 2015
- Equity Swap, cash settlement, expiry 04 June 2015
- Equity Swap, cash settlement, expiry 03 July 2015
- Equity Swap, cash settlement, expiry 05 October 2015
- Equity Swap, cash settlement, expiry 08 October 2015
- Equity Swap, cash settlement, expiry 15 December 2015
- Equity Swap, cash settlement, expiry 24 December 2015
- Equity Swap, cash settlement, expiry 08 February 2016
- Equity Swap, cash settlement, expiry 03 May 2016
- Equity Swap, cash settlement, expiry 19 May 2016
- Equity Swap, cash settlement, expiry 02 June 2016
- Equity Swap, cash settlement, expiry 04 July 2016
- Equity Swap, cash settlement, expiry 02 September 2016
- Equity Swap, cash settlement, expiry 04 October 2016
- Equity Swap, cash settlement, expiry 28 April 2017


Munich, 21 April 2015
The Board of Management