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

[the German Securities Trading Act]

04/21/2015

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    WKN 843002
    ISIN DE0008430026
    (Credit Suisse)

    We received the following notifications pursuant to sec. 25a para. 1 WpHG:

    Notification I:

    1. Listed company:

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

    2. Notifier:

    Credit Suisse Group AG, Zurich, Switzerland

    3. Triggering event:

    Exceeding threshold

    4. Threshold(s) crossed or reached:

    5%

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

    14 April 2014

    6. Total amount of voting rights:

    5.16% (equals 8,926,567 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. 25a WpHG:
    0.33% (equals 567,177 voting rights)
    thereof held indirectly: 0.33% (equals 567,177 voting rights)

    Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
    1.27% (equals 2,191,332 voting rights)
    thereof held indirectly: 1.27% (equals 21,191,332 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    3.57% (equals 6,168,058 voting rights)

    8. Detailed information on financial/other instruments pursuant to sec. 25a WpHG:

    Chain of controlled undertakings:
    Credit Suisse AG, Credit Suisse Investments (UK), Credit Suisse Investment Holdings (UK), Credit Suisse Securities (Europe) Limited

    ISIN or name/description of the financial/other instrument:

    - Long Call Option, Cash Settlement, expiry 17 June 2016
    - Long Call Option, Cash Settlement, expiry 30 June 2016
    - Short Put Option, Physical Settlement, expiry 08 May 2015
    - Short Put Option, Physical Settlement, expiry 12 June 2015
    - Short Put Option, Physical Settlement, expiry 11 September 2015
    - Short Put Option, Physical Settlement, expiry 11 December 2015
    - Short Put Option, Physical Settlement, expiry 10 June 2016
    - Short Put Option, Physical Settlement, expiry 17 June 2016
    - Short Put Option, Physical Settlement, expiry 09 December 2016
    - Equity Swap, cash settlement, expiry 04 May 2015
    - Equity Swap, cash settlement, expiry 05 May 2015
    - Equity Swap, cash settlement, expiry 04 June 2015
    - Equity Swap, cash settlement, expiry 03 July 2015
    - Equity Swap, cash settlement, expiry 05 October 2015
    - Equity Swap, cash settlement, expiry 08 October 2015
    - Equity Swap, cash settlement, expiry 15 December 2015
    - Equity Swap, cash settlement, expiry 24 December 2015
    - Equity Swap, cash settlement, expiry 08 February 2016
    - Equity Swap, cash settlement, expiry 03 May 2016
    - Equity Swap, cash settlement, expiry 19 May 2016
    - Equity Swap, cash settlement, expiry 02 June 2016
    - Equity Swap, cash settlement, expiry 04 July 2016
    - Equity Swap, cash settlement, expiry 02 September 2016
    - Equity Swap, cash settlement, expiry 04 October 2016
    - Equity Swap, cash settlement, expiry 28 April 2017

    Notification II:

    1. Listed company:

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

    2. Notifier:

    Credit Suisse AG, Zurich, Switzerland

    3. Triggering event:

    Exceeding threshold

    4. Threshold(s) crossed or reached:

    5%

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

    14 April 2015

    6. Total amount of voting rights:

    5.16% (equals 8,926,567 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. 25a WpHG:
    0.33% (equals 567,177 voting rights)
    thereof held indirectly: 0.23% (equals 403,592 voting rights)

    Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG:
    1.27% (equals 2,191,332 voting rights)
    thereof held indirectly: 0.87% (equals 1,508,771 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG:
    3.57% (equals 6,168,058 voting rights)

    8. Detailed information on financial/other instruments pursuant to sec. 25a WpHG:

    Chain of controlled undertakings:
    Credit Suisse Investments (UK), Credit Suisse Investment Holdings (UK), Credit Suisse Securities (Europe) Limited

    ISIN or name/description of the financial/other instrument:

    - Long Call Option, Cash Settlement, expiry 17 June 2016
    - Long Call Option, Cash Settlement, expiry 30 June 2016
    - Short Put Option, Physical Settlement, expiry 08 May 2015
    - Short Put Option, Physical Settlement, expiry 12 June 2015
    - Short Put Option, Physical Settlement, expiry 11 September 2015
    - Short Put Option, Physical Settlement, expiry 11 December 2015
    - Short Put Option, Physical Settlement, expiry 10 June 2016
    - Short Put Option, Physical Settlement, expiry 17 June 2016
    - Short Put Option, Physical Settlement, expiry 09 December 2016
    - Equity Swap, cash settlement, expiry 04 May 2015
    - Equity Swap, cash settlement, expiry 05 May 2015
    - Equity Swap, cash settlement, expiry 04 June 2015
    - Equity Swap, cash settlement, expiry 03 July 2015
    - Equity Swap, cash settlement, expiry 05 October 2015
    - Equity Swap, cash settlement, expiry 08 October 2015
    - Equity Swap, cash settlement, expiry 15 December 2015
    - Equity Swap, cash settlement, expiry 24 December 2015
    - Equity Swap, cash settlement, expiry 08 February 2016
    - Equity Swap, cash settlement, expiry 03 May 2016
    - Equity Swap, cash settlement, expiry 19 May 2016
    - Equity Swap, cash settlement, expiry 02 June 2016
    - Equity Swap, cash settlement, expiry 04 July 2016
    - Equity Swap, cash settlement, expiry 02 September 2016
    - Equity Swap, cash settlement, expiry 04 October 2016
    - Equity Swap, cash settlement, expiry 28 April 2017


    Munich, 21 April 2015
    The Board of Management