Release of an announcement according to Section 25 of the WpHG

[the German Securities Trading Act]

2015/06/16

WKN 843002
ISIN DE0008430026
(Citi)

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

Notification I:

1. Listed company:

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

2. Notifier:

Citigroup Inc., Delaware, USA

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

4 June 2015

6. Total amount of voting rights:

7.64% (equals 12,757,728 voting rights)
calculated from the following total number of voting rights issued:
166,843,961

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
6.37% (equals 10,636,282 voting rights)
thereof held indirectly: 6.37% (equals 10,636,282 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
1.27% (equals 2,121,446 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
Citigroup Global Markets Limited, Citigroup Global Markets Europe Limited,
Citigroup Financial Products Inc., Citigroup Global Markets Holdings Inc.

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

Section 25 WpHG:
- Expiry 15 Jun 2015
- Expiry 14 Dec 2015
- Expiry 14 Sep 2015
- Expiry 14 Mar 2016
- Expiry 16 Nov 2015
- Expiry 13 Jul 2015
- Expiry 17 Jul 2015
- Expiry 19 Jun 2015
- Expiry 18 Dec 2015
- Expiry 17 Jun 2016
- Expiry 30 Jun 2015
- Expiry 01 Jul 2015
- Expiry 03 Jul 2015
- Expiry 02 Jul 2015
- Expiry 08 Jul 2015
- Expiry 06 Jul 2015
- Expiry 09 Jul 2015
- Expiry 10 Jul 2015
- Expiry 15 Jul 2015
- Expiry 14 Jul 2015
- Expiry 16 Jul 2015
- Expiry 15 Sep 2015
- Expiry 16 Sep 2015
- Expiry 17 Sep 2015
- Expiry 18 Sep 2015
- Expiry 21 Sep 2015
- Expiry 22 Sep 2015
- Expiry 23 Sep 2015
- Expiry 24 Sep 2015
- Expiry 25 Sep 2015
- Expiry 28 Sep 2015
- Expiry 29 Sep 2015
- Expiry 30 Sep 2015
- Expiry 01 Oct 2015
- Expiry 02 Oct 2015
- Expiry 05 Oct 2015
- Expiry 06 Oct 2015

Notification II:

1. Listed company:

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

2. Notifier:

Citigroup Global Markets Holdings Inc., New York, USA

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

4 June 2015

6. Total amount of voting rights:

7.60% (equals 12,689,068 voting rights)
calculated from the following total number of voting rights issued:
166,843,961

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
6.35% (equals 10,600,249 voting rights)
thereof held indirectly: 6.35% (equals 10,600,249 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
1.25% (equals 2,088,819 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
Citigroup Global Markets Limited, Citigroup Global Markets Europe Limited,
Citigroup Financial Products Inc.

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

Section 25 WpHG:
- Expiry 15 Jun 2015
- Expiry 14 Dec 2015
- Expiry 14 Sep 2015
- Expiry 14 Mar 2016
- Expiry 16 Nov 2015
- Expiry 13 Jul 2015
- Expiry 17 Jul 2015
- Expiry 19 Jun 2015
- Expiry 18 Dec 2015
- Expiry 17 Jun 2016
- Expiry 30 Jun 2015
- Expiry 01 Jul 2015
- Expiry 03 Jul 2015
- Expiry 02 Jul 2015
- Expiry 08 Jul 2015
- Expiry 06 Jul 2015
- Expiry 09 Jul 2015
- Expiry 10 Jul 2015
- Expiry 15 Jul 2015
- Expiry 14 Jul 2015
- Expiry 16 Jul 2015
- Expiry 15 Sep 2015
- Expiry 16 Sep 2015
- Expiry 17 Sep 2015
- Expiry 18 Sep 2015
- Expiry 21 Sep 2015
- Expiry 22 Sep 2015
- Expiry 23 Sep 2015
- Expiry 24 Sep 2015
- Expiry 25 Sep 2015
- Expiry 28 Sep 2015
- Expiry 29 Sep 2015
- Expiry 30 Sep 2015
- Expiry 01 Oct 2015
- Expiry 02 Oct 2015
- Expiry 05 Oct 2015
- Expiry 06 Oct 2015

Notification III:

1. Listed company:

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

2. Notifier:

Citigroup Financial Products Inc., Delaware, USA

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

4 June 2015

6. Total amount of voting rights:

7.60% (equals 12,689,068 voting rights)
calculated from the following total number of voting rights issued:
166,843,961

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
6.35% (equals 10,600,249 voting rights)
thereof held indirectly: 6.35% (equals 10,600,249 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
1.25% (equals 2,088,819 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
Citigroup Global Markets Limited, Citigroup Global Markets Europe Limited

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

Section 25 WpHG:
- Expiry 15 Jun 2015
- Expiry 14 Dec 2015
- Expiry 14 Sep 2015
- Expiry 14 Mar 2016
- Expiry 16 Nov 2015
- Expiry 13 Jul 2015
- Expiry 17 Jul 2015
- Expiry 19 Jun 2015
- Expiry 18 Dec 2015
- Expiry 17 Jun 2016
- Expiry 30 Jun 2015
- Expiry 01 Jul 2015
- Expiry 03 Jul 2015
- Expiry 02 Jul 2015
- Expiry 08 Jul 2015
- Expiry 06 Jul 2015
- Expiry 09 Jul 2015
- Expiry 10 Jul 2015
- Expiry 15 Jul 2015
- Expiry 14 Jul 2015
- Expiry 16 Jul 2015
- Expiry 15 Sep 2015
- Expiry 16 Sep 2015
- Expiry 17 Sep 2015
- Expiry 18 Sep 2015
- Expiry 21 Sep 2015
- Expiry 22 Sep 2015
- Expiry 23 Sep 2015
- Expiry 24 Sep 2015
- Expiry 25 Sep 2015
- Expiry 28 Sep 2015
- Expiry 29 Sep 2015
- Expiry 30 Sep 2015
- Expiry 01 Oct 2015
- Expiry 02 Oct 2015
- Expiry 05 Oct 2015
- Expiry 06 Oct 2015

Notification IV:

1. Listed company:

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

2. Notifier:

Citigroup Global Markets Europe Limited, London, UK

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

4 June 2015

6. Total amount of voting rights:

7.60% (equals 12,689,068 voting rights)
calculated from the following total number of voting rights issued:
166,843,961

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
6.35% (equals 10,600,249 voting rights)
thereof held indirectly: 6.35% (equals 10,600,249 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
1.25% (equals 2,088,819 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
Citigroup Global Markets Limited

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

Section 25 WpHG:
- Expiry 15 Jun 2015
- Expiry 14 Dec 2015
- Expiry 14 Sep 2015
- Expiry 14 Mar 2016
- Expiry 16 Nov 2015
- Expiry 13 Jul 2015
- Expiry 17 Jul 2015
- Expiry 19 Jun 2015
- Expiry 18 Dec 2015
- Expiry 17 Jun 2016
- Expiry 30 Jun 2015
- Expiry 01 Jul 2015
- Expiry 03 Jul 2015
- Expiry 02 Jul 2015
- Expiry 08 Jul 2015
- Expiry 06 Jul 2015
- Expiry 09 Jul 2015
- Expiry 10 Jul 2015
- Expiry 15 Jul 2015
- Expiry 14 Jul 2015
- Expiry 16 Jul 2015
- Expiry 15 Sep 2015
- Expiry 16 Sep 2015
- Expiry 17 Sep 2015
- Expiry 18 Sep 2015
- Expiry 21 Sep 2015
- Expiry 22 Sep 2015
- Expiry 23 Sep 2015
- Expiry 24 Sep 2015
- Expiry 25 Sep 2015
- Expiry 28 Sep 2015
- Expiry 29 Sep 2015
- Expiry 30 Sep 2015
- Expiry 01 Oct 2015
- Expiry 02 Oct 2015
- Expiry 05 Oct 2015
- Expiry 06 Oct 2015

Notification V:

1. Listed company:

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

2. Notifier:

Citigroup Global Markets Limited, London, UK

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

5%

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

4 June 2015

6. Total amount of voting rights:

7.60% (equals 12,689,068 voting rights)
calculated from the following total number of voting rights issued:
166,843,961

7. Detailed information on the voting rights proportion:

Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
6.35% (equals 10,600,249 voting rights)
thereof held indirectly: 0% (equals 0 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
1.25% (equals 2,088,819 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
-

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

Section 25 WpHG:
- Expiry 15 Jun 2015
- Expiry 14 Dec 2015
- Expiry 14 Sep 2015
- Expiry 14 Mar 2016
- Expiry 16 Nov 2015
- Expiry 13 Jul 2015
- Expiry 17 Jul 2015
- Expiry 19 Jun 2015
- Expiry 18 Dec 2015
- Expiry 17 Jun 2016
- Expiry 30 Jun 2015
- Expiry 01 Jul 2015
- Expiry 03 Jul 2015
- Expiry 02 Jul 2015
- Expiry 08 Jul 2015
- Expiry 06 Jul 2015
- Expiry 09 Jul 2015
- Expiry 10 Jul 2015
- Expiry 15 Jul 2015
- Expiry 14 Jul 2015
- Expiry 16 Jul 2015
- Expiry 15 Sep 2015
- Expiry 16 Sep 2015
- Expiry 17 Sep 2015
- Expiry 18 Sep 2015
- Expiry 21 Sep 2015
- Expiry 22 Sep 2015
- Expiry 23 Sep 2015
- Expiry 24 Sep 2015
- Expiry 25 Sep 2015
- Expiry 28 Sep 2015
- Expiry 29 Sep 2015
- Expiry 30 Sep 2015
- Expiry 01 Oct 2015
- Expiry 02 Oct 2015
- Expiry 05 Oct 2015
- Expiry 06 Oct 2015

Munich, 16 June 2015
The Board of Management