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Release of an announcement according to Section 25 of the WpHG

[the German Securities Trading Act]

11/23/2015

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    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:

    Falling below threshold

    4. Threshold(s) crossed or reached:

    5%

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

    17 November 2015

    6. Total amount of voting rights:

    0.00% (equals 0 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:
    0.00% (equals 0 voting rights)
    thereof held indirectly: 0.00% (equals 0 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG: 6.39% (equals 10,667,818 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:

    17 November 2015

    6. Total amount of voting rights:

    0.00% (equals 0 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:
    0.00% (equals 0 voting rights)
    thereof held indirectly: 0.00% (equals 0 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG: 6.28% (equals 10,479,724 voting rights)

    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:

    Falling below threshold

    4. Threshold(s) crossed or reached:

    5%

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

    17 November 2015

    6. Total amount of voting rights:

    0.00% (equals 0 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:
    0.00% (equals 0 voting rights)
    thereof held indirectly: 0.00% (equals 0 voting rights)

    Voting rights pursuant to sec. 21, 22 WpHG: 6.28% (equals 10,479,724 voting rights)


    Munich, 23 November 2015
    The Board of Management