Stock and press releases

The merger between DnB NOR Bank ASA as the acquiring company and DnB NOR Hypotek AS as the acquired company entered into force on 28 October 2006. The merger has been implemented pursuant to Section 13-24 of the Public Limited Companies Act, as a merger between a parent company and a wholly-owned subsidiary. The background for the transaction is DnB NOR's desire to coordinate expertise on commercial property financing in the bank.

DnB NOR Bank ASA has received a long-term rating of AA from the Canadian credit rating agency Dominion Bond Rating Service (DBRS). The rating is new and effective from September 2006. The rating is considered to have a stable trend. Complete message at newsweb.no DnB NOR Bank ASA has received a long-term rating of AA from the Canadian credit rating agency Dominion Bond Rating Service (DBRS). The rating is new and effective from September 2006. The rating is considered to have a stable trend. 'According to DBRS, the rating reflects DnB NOR Bank's dominant position in the Norwegian market. The smooth merger process between DnB and Gjensidige NOR, cost-effective operations and solid risk management were also highlighted. In my view, this rating is a recognition of the Group's successful and targeted efforts over many years, including a selective and well-planned international expansion strategy,' says Svein Aaser, group chief executive. DBRS is the second rating agency to give DnB NOR an AA rating. This rating is reserved for first- class institutions, providing access to more capital markets and ensuring lower funding costs. http://www.newsweb.no/index.asp?melding_ID=135383

DnB NOR Bank ASA has received a long-term rating of AA from the Canadian credit rating agency Dominion Bond Rating Service (DBRS). The rating is new and effective from September 2006. The rating is considered to have a stable trend. Complete message at newsweb.no DnB NOR Bank ASA has received a long-term rating of AA from the Canadian credit rating agency Dominion Bond Rating Service (DBRS). The rating is new and effective from September 2006. The rating is considered to have a stable trend. 'According to DBRS, the rating reflects DnB NOR Bank's dominant position in the Norwegian market. The smooth merger process between DnB and Gjensidige NOR, cost-effective operations and solid risk management were also highlighted. In my view, this rating is a recognition of the Group's successful and targeted efforts over many years, including a selective and well-planned international expansion strategy,' says Svein Aaser, group chief executive. DBRS is the second rating agency to give DnB NOR an AA rating. This rating is reserved for first- class institutions, providing access to more capital markets and ensuring lower funding costs.

Financial Calendar DnB NOR ASA 2007 Annual accounts 2006 (preliminary figures): 22 February Annual General Meeting 2007: 24 April Ex-dividend date: 25 April First quarter 2007: 3 May Second quarter 2007: 9 August Third quarter 2007: 1 November http://www.newsweb.no/index.asp?melding_ID=134395

Financial Calendar DnB NOR ASA 2007 Annual accounts 2006 (preliminary figures): 22 February Annual General Meeting 2007: 24 April Ex-dividend date: 25 April First quarter 2007: 3 May Second quarter 2007: 9 August Third quarter 2007: 1 November

The Supervisory Board in DnB NOR ASA has re- elected the five members of the Board of Directors in DnB NOR ASA standing for re- election, which has a total of eleven members. Complete annonuncement on www.newsweb.no The Supervisory Board in DnB NOR ASA has re- elected the five members of the Board of Directors in DnB NOR ASA standing for re- election, which has a total of eleven members. Following the election, the Board of Directors now consists of the following members: Olav Hytta, Oslo (chairman), Bjørn Sund, Lysaker (vice- chairman), Per Hoffmann, Oslo (elected by the employees), Nina Britt Husebø, Bergen (elected by the employees), Berit Kjøll, Oslo, Jørn O. Kvilhaug, Hokksund (elected by the employees), Bent Pedersen, Denmark, Heidi M. Petersen, Sandefjord, Ingjerd Skjeldrum, Drammen (elected by the employees), Anne Carine Tanum, Rømskog, and Per Terje Vold, Oslo. The Supervisory Board in DnB NOR Bank ASA has elected Kari Marie Lotsberg as new board member succeeding Marit Wiig. Lotsberg is a graduate of the Norwegian School of Economics and Business Administration in Bergen and is the manager of a Swedish consultancy firm. Other previous positions include senior adviser in Sweden's Central Bank and head of division in the Norwegian Ministry of Finance. Following the election, the Board of Directors in DnB NOR Bank ASA now consists of the following members: Olav Hytta, Oslo (chairman), Bent Pedersen, Denmark (vice-chairman), Per Hoffmann, Oslo (elected by the employees), Sten Sture Larre, Oslo, Kari Marie Lotsberg, Sweden, Heidi M. Petersen, Sandefjord, Torill Rambjør, Tjøme, Ingjerd Skjeldrum, Drammen (elected by the employees) and Svein Aaser, Drøbak. http://www.newsweb.no/index.asp?melding_ID=133675