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

[the German Securities Trading Act]

12/12/2014

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    WKN 843002
    ISIN DE0008430026
    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., New York, NY, USA

    3. Triggering event:

    Falling below threshold

    4. Threshold(s) crossed or reached

    5%

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

    9 December 2014

    6. Total amount of voting rights:

    0.00% (equals 0 voting rights)
    calculated from the following total number of voting rights issued:
    172,942,618

    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:
    5.58% (9,646,711 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:

    9 December 2014

    6. Total amount of voting rights:

    0.00% (equals 0 voting rights)
    calculated from the following total number of voting rights issued:
    172,942,618

    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:
    5.48% (9,472,242 voting rights)

    Notification III:

    1. Listed company:

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

    2. Notifier:

    BlackRock Financial Management Inc., New York, NY, USA

    3. Triggering event:

    Falling below threshold

    4. Threshold(s) crossed or reached:

    5%

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

    9 December 2014

    6. Total amount of voting rights:

    0.00% (equals 0 voting rights)
    calculated from the following total number of voting rights issued:
    172,942,618

    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:
    5.45% (9,432,442 voting rights)

    Munich, 12 December 2014
    The Board of Management