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

[the German Securities Trading Act]

2015/06/24

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:

Falling below threshold

4. Threshold(s) crossed or reached:

5%

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

19 June 2015

6. Total amount of voting rights:

0.00% (equals 0 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: 0.00% (equals 0 voting rights) thereof held indirectly: 0.00% (equals 0 voting rights)
Voting rights pursuant to sec. 21, 22 WpHG: 6.26% (10,445,135 voting rights)

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:

Falling below threshold

4. Threshold(s) crossed or reached:

5%

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

19 June 2015

6. Total amount of voting rights:

0.00% (equals 0 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: 0.00% (equals 0 voting rights) thereof held indirectly: 0.00% (equals 0 voting rights)
Voting rights pursuant to sec. 21, 22 WpHG: 6.15% (10,259,837 voting rights)

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:

Falling below threshold

4. Threshold(s) crossed or reached:

5%

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

19 June 2015

6. Total amount of voting rights:

0.00% (equals 0 voting rights) calculated from the following total number of voting rights issued: 166,843,961

7. Detailed information on the voting rights proportion:

0.00% (equals 0 voting rights) calculated from the following total number of voting rights issued: 166,843,961

Munich, 24 June 2015
The Board of Management