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

[the German Securities Trading Act]

2015/04/28

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    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 Holdco 2 Inc., Wilmington, DE, USA

    3. Triggering event:

    Falling below threshold

    4. Threshold(s) crossed or reached:

    5%

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

    23 April 2015

    6. Total amount of voting rights:

    4.92% (equals 8,514,690 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:
    0.42% (equals 727,066 voting rights)
    thereof held indirectly: 0.42% (equals 727,066 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    4.50% (7,787,624 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

    BlackRock Financial Management Inc., BlackRock International Holdings Inc., BR Jersey International Holdings L.P., BlackRock Group Limited, BlackRock International Limited, BlackRock Life Limited

    BlackRock Financial Management Inc., BlackRock International Holdings Inc., BR Jersey International Holdings L.P., BlackRock Holdco 3 LLC, BlackRock Canada Holdings LP, BlackRock Canada Holdings ULC, BlackRock Asset Management Canada Limited

    Notification II:

    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:

    Falling below threshold

    4. Threshold(s) crossed or reached:

    5%

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

    23 April 2015

    6. Total amount of voting rights:

    4.92% (equals 8,514,690 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:
    0.42% (equals 727,066 voting rights)
    thereof held indirectly: 0.42% (equals 727,066 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    4.50% (7,787,624 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

    BlackRock International Holdings Inc., BR Jersey International Holdings L.P., BlackRock Group Limited, BlackRock International Limited, BlackRock Life Limited

    BlackRock International Holdings Inc., BR Jersey International Holdings L.P., BlackRock Holdco 3 LLC, BlackRock Canada Holdings LP, BlackRock Canada Holdings ULC, BlackRock Asset Management Canada Limited


    Munich, 28 April 2015
    The Board of Management