1Q 2014 Quarterly report

FIRST QUARTER 2014 IN BRIEF

• The Government Pension Fund Global returned 1.7 percent, or 78 billion kroner, in the first quarter of 2014.
• Equity investments returned 1.5 percent, while fixed-income investments returned 2.0 percent. Investments in real estate returned 2.0 percent.
• The return on equity and fixed-income investments was 0.01 per centage point higher than the return on the benchmark indices.
• The fund had a market value of 5,110 billion kroner at the end of the quarter and was invested 61.1 percent in equities, 37.7 percent in fixed income an d 1.2 percent in real estate.

Webcast from the press conference