Release of announcements according to Sections 21, 22 of the WpHG

WKN 843002
ISIN DE0008430026

On 30 September 2014, we received the following notification:

Following a review, conducted in close collaboration with the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), of the way BlackRock has interpreted its voting rights disclosure obligations under German law, BlackRock entities are filing today a statement representing their holdings as at the settlement date of 25 September 2014 in Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München.

The statement does not reflect a change in BlackRock's current holdings of voting rights. The statement simply updates information currently in the market regarding BlackRock's holdings in Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München. Further, the statement does not signify any change in investment strategies pursued.

Also BlackRock issues a press release detailing the BlackRock group entities and their respective voting rights applicable to Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München and other relevant German issuers on http://www.blackrock.com/corporate/en-gb/news-and-insights/press releases and on Bloomberg.

1. BlackRock, Inc.

Section 21, 22

BlackRock, Inc., New York, NY, USA, hereby informs you pursuant to Sec. 21 para.1 WpHG that its share in the voting rights of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ISIN DE0008430026) on 25 September 2014 amounts to 6.11% (this corresponds to 10,571,110 out of a total of 172,942,618 voting rights (the 'total voting rights')).

2.91% of the total voting rights (this corresponds to 5,029,724 voting rights) are to be attributed to BlackRock, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

2.77% of the total voting rights (this corresponds to 4,792,840 voting rights) are to be attributed to BlackRock, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.40% of the total voting rights (this corresponds to 696,770 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

0.03% of the total voting rights (this corresponds to 51,776 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No.6 in connection with sentence 2 WpHG.

The voting rights pursuant to Sec. 21 para. 1 sentence 1 No. 1 WpHG are attributed from the following undertakings which are controlled by BlackRock. Inc. and whose holdings of voting rights amount to 3% each or
more in Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: BlackRock Holdco 2, Inc.; BlackRock Financial Management, Inc.

2. BlackRock Holdco 2, Inc.

Section 21, 22

BlackRock Holdco 2, Inc., Wilmington, DE, USA, hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ISIN DE0008430026) on 25 September 2014 amounts to 6.01% (this corresponds to 10,397,334 out of a total of 172,942,618 voting rights (the 'total voting rights')).

2.91% of the total voting rights (this corresponds to 5,029,724 voting rights) are to be attributed to BlackRock Holdco 2, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

2.67% of the total voting rights (this corresponds to 4,619,064 voting rights) are to be attributed to BlackRock Holdco 2, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.40% of the total voting rights (this corresponds to 696,770 voting rights) are to be attributed pursuant to Sec. 22 para 1 sentence 1 No. 1 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No.6 in connection
with sentence 2 WpHG.

0.03% of the total voting rights (this corresponds to 51,776 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2 WpHG as well as pursuant to Sec. 22 para. 1
sentence 1 No. 6 in connection with sentence 2 WpHG.

The voting rights pursuant to Sec. 21 para. 1 sentence 1 No. 1 WpHG are attributed from the following undertakings which are controlled by BlackRock Holdco 2, Inc. and whose holdings of voting rights amount to 3%
each or more in Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: BlackRock Financial Management, Inc.

3. BlackRock Financial Management, Inc.

Section 21, 22

BlackRock Financial Management, Inc., New York, NY, USA, hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ISIN DE0008430026) on 25 September 2014 amounts to 6.00% (this corresponds to 10,383,884 out of a total of 172,942,618 voting rights (the 'total voting rights')).

2.91% of the total voting rights (this corresponds to 5,029,724 voting rights) are to be attributed to BlackRock Financial Management. Inc. pursuant to Sec. 22 para. 1 sentence 1 No.1 WpHG.

2.66% of the total voting rights (this corresponds to 4,605,614 voting rights) are to be attributed to BlackRock Financial Management, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.40% of the total voting rights (this corresponds to 696,770 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

0.03% of the total voting rights (this corresponds to 51,776 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2 WpHG as well as pursuant to Sec. 22 para. 1
sentence 1 No. 6 in connection with sentence 2 WpHG.

4. BlackRock Advisors Holdings, Inc.

Section 21, 22

BlackRock Advisors Holdings, Inc., New York, NY, USA, hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ISIN DE0008430026) on 25 September 2014 amounts to 3.40% (this corresponds to 5,879,795 out of a total of 172,942,618 voting rights (the 'total voting rights')).

2.16% of the total voting rights (this corresponds to 3,731,847 voting rights) are to be attributed to BlackRock Advisors Holdings, Inc. pursuant to Sec. 22 para.1 sentence 1 No.1 WpHG.

0.03% of the total voting rights (this corresponds to 51,776 voting rights) are to be attributed to BlackRock Advisors Holdings, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2 WpHG.

0.86% of the total voting rights (this corresponds to 1,481,591 voting rights) are to be attributed to BlackRock Advisors Holdings. Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.36% of the total voting rights (this corresponds to 614,581 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

5. BlackRock International Holdings, Inc.

Section 21, 22

BlackRock International Holdings, Inc., New York, NY, USA, hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ISIN DE0008430026) on 25 September 2014 amounts to 3.40% (this corresponds to 5,879,795 out of a total of 172,942,618 voting rights (the 'total voting rights')).

2.16% of the total voting rights (this corresponds to 3,731,847 voting rights) are to be attributed to BlackRock International Holdings, Inc. pursuant to Sec. 22 para.1 sentence 1 No. 1 WpHG.

0.03% of the total voting rights (this corresponds to 51,776 voting rights) are to be attributed to BlackRock International Holdings, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2 WpHG.

0.86% of the total voting rights (this corresponds to 1,481,591 voting rights) are to be attributed to BlackRock International Holdings, Inc. pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2
WpHG.

0.36% of the total voting rights (this corresponds to 614,581 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No.6 in connection
with sentence 2 WpHG.

6. BR Jersey International Holdings L.P.

Section 21, 22

BR Jersey International Holdings L.P., St. Helier, Jersey, Channel Islands, hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights Münchener Rückversicherungs-Gesellschaft
Aktiengesellschaft in München (ISIN DE0008430026) on 25 September 2014 amounts to 3.40% (this corresponds to 5,879,795 out of a total of 172,942,618 voting rights (the 'total voting rights')).

2.16% of the total voting rights (this corresponds to 3,731,847 voting rights) are to be attributed to BR Jersey International Holdings L.P. pursuant to Sec. 22 para. 1 sentence 1 No.1 WpHG.

0.03% of the total voting rights (this corresponds to 51,776 voting rights) are to be attributed to BR Jersey International Holdings L.P. pursuant to Sec. 22 para. 1 sentence 1 No. 2 in connection with sentence 2 WpHG.

0.86% of the total voting rights (this corresponds to 1,481,591 voting rights) are to be attributed to BR Jersey International Holdings L.P. pursuant to Sec.22 para. 1 sentence 1 No. 6 in connection with sentence
2 WpHG.

0.36% of the total voting rights (this corresponds to 614,581 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

7. BlackRock Group Limited

Section 21, 22

BlackRock Group Limited, London, United Kingdom, hereby informs you pursuant to Sec. 21 para. 1 WpHG that its share in the voting rights of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ISIN DE0008430026) on 25 September 2014 amounts to 3.20% (this corresponds to 5,540,477 out of a total of 172,942,618 voting rights (the 'total voting rights')).

2.11% of the total voting rights (this corresponds to 3,647,400 voting rights) are to be attributed to BlackRock Group Limited pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG.

0.74% of the total voting rights (this corresponds to 1,278,496 voting rights) are to be attributed to BlackRock Group Limited pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection with sentence 2 WpHG.

0.36% of the total voting rights (this corresponds to 614,581 voting rights) are to be attributed pursuant to Sec. 22 para. 1 sentence 1 No. 1 WpHG as well as pursuant to Sec. 22 para. 1 sentence 1 No. 6 in connection
with sentence 2 WpHG.

Munich, 1 October 2014
The Board of Management