Release of an announcement according to Section 25 of the WpHG

[the German Securities Trading Act]

2015/09/25

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
Königinstraße 107, 80802 Munich, Germany

2. Notifier:

Citigroup Inc., Delaware, USA

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

10%

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

18 September 2015

6. Total amount of voting rights:

11.89% (equals 19,850,059 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:
11.12% (equals 18,565,383 voting rights)
thereof held indirectly: 11.09% (equals 18,514,620 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
0.77% (equals 1,284,676 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 14 Dec 15   
- Expiry 12 Oct 15   
- Expiry 12 Dec 16   
- Expiry 12 Sep 16   
- Expiry 14 Mar 16   
- Expiry 15 Aug 16   
- Expiry 18 Dec 15   
- Expiry 18 Mar 16   
- Expiry 16 Dec 16   
- Expiry 17 Jun 16   
- Expiry 21 Sep 15   
- Expiry 22 Sep 15   
- Expiry 23 Sep 15   
- Expiry 24 Sep 15   
- Expiry 25 Sep 15   
- Expiry 28 Sep 15   
- Expiry 29 Sep 15   
- Expiry 30 Sep 15   
- Expiry 01 Oct 15   
- Expiry 02 Oct 15   
- Expiry 05 Oct 15   
- Expiry 06 Oct 15   
- Expiry 07 Oct 15   
- Expiry 08 Oct 15   
- Expiry 10 Dec 15   
- Expiry 11 Dec 15   
- Expiry 15 Dec 15   
- Expiry 16 Dec 15   
- Expiry 17 Dec 15   
- Expiry 20 Nov 15   
- Expiry 23 Nov 15   
- Expiry 24 Nov 15   
- Expiry 25 Nov 15   
- Expiry 30 Nov 15   
- Expiry 01 Dec 15   
- Expiry 02 Dec 15

Notification II:

1. Listed company:

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

2. Notifier:

Citigroup Global Markets Holding Inc., New York, USA

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

10%

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

18 September 2015

6. Total amount of voting rights:

11.83% (equals 19,748,575 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:
11.09% (equals 18,514,620 voting rights)
thereof held indirectly: 11.09% (equals 18,514,620 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
0.74% (equals 1,233,955 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 14 Dec 15   
- Expiry 12 Oct 15   
- Expiry 12 Dec 16   
- Expiry 12 Sep 16   
- Expiry 14 Mar 16   
- Expiry 15 Aug 16   
- Expiry 18 Dec 15   
- Expiry 18 Mar 16   
- Expiry 16 Dec 16   
- Expiry 17 Jun 16   
- Expiry 21 Sep 15   
- Expiry 22 Sep 15   
- Expiry 23 Sep 15   
- Expiry 24 Sep 15   
- Expiry 25 Sep 15   
- Expiry 28 Sep 15   
- Expiry 29 Sep 15   
- Expiry 30 Sep 15   
- Expiry 01 Oct 15   
- Expiry 02 Oct 15   
- Expiry 05 Oct 15   
- Expiry 06 Oct 15   
- Expiry 07 Oct 15   
- Expiry 08 Oct 15   
- Expiry 10 Dec 15   
- Expiry 11 Dec 15   
- Expiry 15 Dec 15   
- Expiry 16 Dec 15   
- Expiry 17 Dec 15   
- Expiry 20 Nov 15   
- Expiry 23 Nov 15   
- Expiry 24 Nov 15   
- Expiry 25 Nov 15   
- Expiry 30 Nov 15   
- Expiry 01 Dec 15   
- Expiry 02 Dec 15

Notification III:

1. Listed company:

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

2. Notifier:

Citigroup Financial Products Inc., Delaware, USA

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

10%

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

18 September 2015

6. Total amount of voting rights:

11.83% (equals 19,748,575 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:
11.09% (equals 18,514,620 voting rights)
thereof held indirectly: 11.09% (equals 18,514,620 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
0.74% (equals 1,233,955 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 14 Dec 15   
- Expiry 12 Oct 15   
- Expiry 12 Dec 16   
- Expiry 12 Sep 16   
- Expiry 14 Mar 16   
- Expiry 15 Aug 16   
- Expiry 18 Dec 15   
- Expiry 18 Mar 16   
- Expiry 16 Dec 16   
- Expiry 17 Jun 16   
- Expiry 21 Sep 15   
- Expiry 22 Sep 15   
- Expiry 23 Sep 15   
- Expiry 24 Sep 15   
- Expiry 25 Sep 15   
- Expiry 28 Sep 15   
- Expiry 29 Sep 15   
- Expiry 30 Sep 15   
- Expiry 01 Oct 15   
- Expiry 02 Oct 15   
- Expiry 05 Oct 15   
- Expiry 06 Oct 15   
- Expiry 07 Oct 15   
- Expiry 08 Oct 15   
- Expiry 10 Dec 15   
- Expiry 11 Dec 15   
- Expiry 15 Dec 15   
- Expiry 16 Dec 15   
- Expiry 17 Dec 15   
- Expiry 20 Nov 15   
- Expiry 23 Nov 15   
- Expiry 24 Nov 15   
- Expiry 25 Nov 15   
- Expiry 30 Nov 15   
- Expiry 01 Dec 15   
- Expiry 02 Dec 15

Notification IV:

1. Listed company:

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

2. Notifier:

Citigroup Global Markets Europe Limited, London, UK

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

10%

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

18 September 2015

6. Total amount of voting rights:

11.83% (equals 19,748,575 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:
11.09% (equals 18,514,620 voting rights)
thereof held indirectly: 11.09% (equals 18,514,620 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
0.74% (equals 1,233,955 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 14 Dec 15   
- Expiry 12 Oct 15   
- Expiry 12 Dec 16   
- Expiry 12 Sep 16   
- Expiry 14 Mar 16   
- Expiry 15 Aug 16   
- Expiry 18 Dec 15   
- Expiry 18 Mar 16   
- Expiry 16 Dec 16   
- Expiry 17 Jun 16   
- Expiry 21 Sep 15   
- Expiry 22 Sep 15   
- Expiry 23 Sep 15   
- Expiry 24 Sep 15   
- Expiry 25 Sep 15   
- Expiry 28 Sep 15   
- Expiry 29 Sep 15   
- Expiry 30 Sep 15   
- Expiry 01 Oct 15   
- Expiry 02 Oct 15   
- Expiry 05 Oct 15   
- Expiry 06 Oct 15   
- Expiry 07 Oct 15   
- Expiry 08 Oct 15   
- Expiry 10 Dec 15   
- Expiry 11 Dec 15   
- Expiry 15 Dec 15   
- Expiry 16 Dec 15   
- Expiry 17 Dec 15   
- Expiry 20 Nov 15   
- Expiry 23 Nov 15   
- Expiry 24 Nov 15   
- Expiry 25 Nov 15   
- Expiry 30 Nov 15   
- Expiry 01 Dec 15   
- Expiry 02 Dec 15

Notification V:

1. Listed company:

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

2. Notifier:

Citigroup Global Markets Limited, London, UK

3. Triggering event:

Exceeding threshold

4. Threshold(s) crossed or reached:

10%

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

18 September 2015

6. Total amount of voting rights:

11.83% (equals 19,748,575 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:
11.09% (equals 18,514,620 voting rights)
thereof held indirectly: 0.00% (equals 0 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG:
0.74% (equals 1,233,955 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 14 Dec 15   
- Expiry 12 Oct 15   
- Expiry 12 Dec 16   
- Expiry 12 Sep 16   
- Expiry 14 Mar 16   
- Expiry 15 Aug 16   
- Expiry 18 Dec 15   
- Expiry 18 Mar 16   
- Expiry 16 Dec 16   
- Expiry 17 Jun 16   
- Expiry 21 Sep 15   
- Expiry 22 Sep 15   
- Expiry 23 Sep 15   
- Expiry 24 Sep 15   
- Expiry 25 Sep 15   
- Expiry 28 Sep 15   
- Expiry 29 Sep 15   
- Expiry 30 Sep 15   
- Expiry 01 Oct 15   
- Expiry 02 Oct 15   
- Expiry 05 Oct 15   
- Expiry 06 Oct 15   
- Expiry 07 Oct 15   
- Expiry 08 Oct 15   
- Expiry 10 Dec 15   
- Expiry 11 Dec 15   
- Expiry 15 Dec 15   
- Expiry 16 Dec 15   
- Expiry 17 Dec 15   
- Expiry 20 Nov 15   
- Expiry 23 Nov 15   
- Expiry 24 Nov 15   
- Expiry 25 Nov 15   
- Expiry 30 Nov 15   
- Expiry 01 Dec 15   
- Expiry 02 Dec 15

Munich, 25 September 2015
The Board of Management