Release of an announcement according to Section 25 of the WpHG

[the German Securities Trading Act]

2015/10/23

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:

20 October 2015

6. Total amount of voting rights:

6.48% (equals 10,806,301 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: 0.15% (equals 250,000 voting rights) thereof held indirectly: 0.15% (equals 250,000 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG: 6.33% (equals 10,556,301 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:

20 October 2015

6. Total amount of voting rights:

6.36% (equals 10,618,207 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: 0.15% (equals 250,000 voting rights) thereof held indirectly: 0.15% (equals 250,000 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG: 6.21% (equals 10,368,207 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:

20 October 2015

6. Total amount of voting rights:

6.36% (equals 10,618,207 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: 0.15% (equals 250,000 voting rights) thereof held indirectly: 0.15% (equals 250,000 voting rights)

Voting rights pursuant to sec. 21, 22 WpHG: 6.21% (equals 10,368,207 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


Munich, 23 October 2015
The Board of Management