Third quarter 2004 · Pre-tax operating profits rose by 38 per cent to NOK 2 498 million (NOK 1 813 million in the third quarter of 2003) · Profits after taxes: NOK 1 823 million (1 333) · Excluding goodwill amortisation, the figures were: . Earnings per share: NOK 1.49 (1.14) . Return on equity: 16.8 per cent (13.9) . Cost/income ratio: 53.5 per cent (56.4) Attachment on www.newsweb.no Third quarter 2004 · Pre-tax operating profits rose by 38 per cent to NOK 2 498 million (NOK 1 813 million in the third quarter of 2003) · Profits after taxes: NOK 1 823 million (1 333) · Excluding goodwill amortisation, the figures were: . Earnings per share: NOK 1.49 (1.14) . Return on equity: 16.8 per cent (13.9) . Cost/income ratio: 53.5 per cent (56.4) · Core capital ratio at end-September: 7.3 per cent January through September 2004 · Pre-tax operating profits: NOK 6 881 million (4 733) · Profits after taxes: NOK 5 026 million (3 671) · Excluding goodwill amortisation, the figures were: . Earnings per share: NOK 4.16 (3.16) . Return on equity: 16.3 per cent (13.3) . Cost/income ratio: 55.0 per cent (57.4) Operations in Elcon are not included in the figures. Comments by the group chief executive: 'DnB NOR shows steady progress, with a satisfactory trend in profits. Efforts to realise synergies in connection with the merger are on schedule, and thus far we have achieved synergies for a total of NOK 426 million,' says group chief executive Svein Aaser. 'The level of market activity remains high. We have delegated considerable credit approval authority to the bank's local and regional account officers, which enhances DnB NOR's position as a strong local bank for corporate customers throughout the country. We have also established a number of arenas for strengthening customer relationships in the form of seminars, meetings and courses for representatives from various sectors. Retail customers have achieved better terms through a broader range of customer loyalty programmes and the harmonisation of price structures from the two former banks. This means lower annual costs for retail customers.' 'I appreciate the excellent teamwork between staff members and between the various units within the Group. Impressive effort has been put forth at all levels of the organisation,' says Svein Aaser. The third quarter report, including tables, can be downloaded from www.dnbnor.com Press release, third quarter report, presentation and Supplementary Information for Investors and Analysts can be found on www.newsweb.no

Third quarter 2004 · Pre-tax operating profits rose by 38 per cent to NOK 2 498 million (NOK 1 813 million in the third quarter of 2003) · Profits after taxes: NOK 1 823 million (1 333) · Excluding goodwill amortisation, the figures were: . Earnings per share: NOK 1.49 (1.14) . Return on equity: 16.8 per cent (13.9) . Cost/income ratio: 53.5 per cent (56.4) Attachment on www.newsweb.no Third quarter 2004 · Pre-tax operating profits rose by 38 per cent to NOK 2 498 million (NOK 1 813 million in the third quarter of 2003) · Profits after taxes: NOK 1 823 million (1 333) · Excluding goodwill amortisation, the figures were: . Earnings per share: NOK 1.49 (1.14) . Return on equity: 16.8 per cent (13.9) . Cost/income ratio: 53.5 per cent (56.4) · Core capital ratio at end-September: 7.3 per cent January through September 2004 · Pre-tax operating profits: NOK 6 881 million (4 733) · Profits after taxes: NOK 5 026 million (3 671) · Excluding goodwill amortisation, the figures were: . Earnings per share: NOK 4.16 (3.16) . Return on equity: 16.3 per cent (13.3) . Cost/income ratio: 55.0 per cent (57.4) Operations in Elcon are not included in the figures. Comments by the group chief executive: 'DnB NOR shows steady progress, with a satisfactory trend in profits. Efforts to realise synergies in connection with the merger are on schedule, and thus far we have achieved synergies for a total of NOK 426 million,' says group chief executive Svein Aaser. 'The level of market activity remains high. We have delegated considerable credit approval authority to the bank's local and regional account officers, which enhances DnB NOR's position as a strong local bank for corporate customers throughout the country. We have also established a number of arenas for strengthening customer relationships in the form of seminars, meetings and courses for representatives from various sectors. Retail customers have achieved better terms through a broader range of customer loyalty programmes and the harmonisation of price structures from the two former banks. This means lower annual costs for retail customers.' 'I appreciate the excellent teamwork between staff members and between the various units within the Group. Impressive effort has been put forth at all levels of the organisation,' says Svein Aaser. The third quarter report, including tables, can be downloaded from www.dnbnor.com Press release, third quarter report, presentation and Supplementary Information for Investors and Analysts can be found on www.newsweb.no http://www.newsweb.no/index.asp?melding_ID=98945

DnB NOR's seminar for investors and analysts on new accounting standards (IFRS), Basel II and new Norwegian insurance legislation. Material attached to this message.

DnB NOR's seminar for investors and analysts on new accounting standards (IFRS), Basel II and new Norwegian insurance legislation. Material attached to this message. http://www.newsweb.no/index.asp?melding_ID=100574

DnB NORs seminar for investorer og analytikere om nye regnskapsregler (IFRS), Basel II og ny forsikringslovgivning. Presentasjonsmateriell er vedlagt denne meldingen. http://www.newsweb.no/index.asp?melding_ID=100573

There will be some changes in the group management team as of 1 January 2005. Among other things, a special risk management unit will be established for the Group. Deputy CEO Karl-Olav Hovden will retire on 31 December 2004 after 31 years of employment. His area of responsibility, comprising Group Strategy, Group Development, the Investment Division, the Legal Department and the Group Secretariat, will be taken over by deputy CEO Tom Grøndahl. Corporate Communications, which has had administrative reporting lines to Hovden, will report directly to the group chief executive, Svein Aaser, from 1 January 2005. Helge Forfang has been appointed chief risk officer and head of the new risk management unit. Up till now, Grøndahl has held overall responsibility for risk management. The unit will report directly to the group chief executive and will be responsible for the Group's risk management, internal control and compliance. Responsibilities include credit risk, market risk, operational risk and insurance risk.

There will be some changes in the group management team as of 1 January 2005. Among other things, a special risk management unit will be established for the Group. Deputy CEO Karl-Olav Hovden will retire on 31 December 2004 after 31 years of employment. His area of responsibility, comprising Group Strategy, Group Development, the Investment Division, the Legal Department and the Group Secretariat, will be taken over by deputy CEO Tom Grøndahl. Corporate Communications, which has had administrative reporting lines to Hovden, will report directly to the group chief executive, Svein Aaser, from 1 January 2005. Helge Forfang has been appointed chief risk officer and head of the new risk management unit. Up till now, Grøndahl has held overall responsibility for risk management. The unit will report directly to the group chief executive and will be responsible for the Group's risk management, internal control and compliance. Responsibilities include credit risk, market risk, operational risk and insurance risk. http://www.newsweb.no/index.asp?melding_ID=101186

Supplementary Information for Investors and Analysts

Full Year Results 2004

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DnB NOR Bank ASA