Release of an announcement according to Section 25 of the WpHG

[the German Securities Trading Act]

WKN 843002
ISIN DE0008430026
(BlackRock)

We received the following notifications pursuant to sec. 25 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:

08 July 2015

6. Total amount of voting rights:

6.33% (equals 10,561,848 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:
0.02% (equals 29,578 voting rights)
thereof held indirectly: 0.02% (equals 29,578 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
6.31% (equals 10,532,270 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
BlackRock Holdco 2 Inc., BlackRock Financial Management Inc., BlackRock
International Holdings Inc., BR Jersey International Holdings L.P.,
BlackRock Group Limited, BlackRock International Limited, BlackRock Life
Limited

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:

08 July 2015

6. Total amount of voting rights:

6.22% (equals 10,376,382 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:
0.02% (equals 29,578 voting rights)
thereof held indirectly: 0.02% (equals 29,578 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
6.20% (equals 10,346,804 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
BlackRock Financial Management Inc., BlackRock International Holdings Inc.,
BR Jersey International Holdings L.P., BlackRock Group Limited, BlackRock
International Limited, BlackRock Life Limited

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:

08 July 2015

6. Total amount of voting rights:

6.22% (equals 10,376,382 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:
0.02% (equals 29,578 voting rights)
thereof held indirectly: 0.02% (equals 29,578 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
6.20% (equals 10,346,804 voting rights)

8. Detailed information on financial/other instruments:

Chain of controlled undertakings:
BlackRock International Holdings Inc., BR Jersey International Holdings
L.P., BlackRock Group Limited, BlackRock International Limited, BlackRock
Life Limited

Notification IV:

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:

09 July 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:
6.33% (equals 10,565,449 voting rights)

Notification V:

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:

09 July 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:
6.22% (equals 10,379,983 voting rights)

Notification VI:

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:

09 July 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:
6.22% (equals 10,379,983 voting rights)


Munich, 13 July 2015
The Board of Management

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