DnB NOR: Pre-tax operating profits up 15.5 per cent, 12.2 per cent rise in total income DnB NOR's pre-tax operating profits for the first nine months of the year totalled NOK 11 billion, up 15.5 per cent from the corresponding period in 2005. Total income grew by 12.2 per cent to NOK 20.9 billion. All business areas show improved performance. Attachment on www.newsweb.no DnB NOR's pre-tax operating profits for the first nine months of the year totalled NOK 11 billion, up 15.5 per cent from the corresponding period in 2005. Total income grew by 12.2 per cent to NOK 20.9 billion. All business areas show improved performance. In terms of nominal profits, DnB NOR ranks among the top three large Nordic financial institutions in the third quarter as well as for the year to date. Key figures - January through September 2006: · Pre-tax operating profits were up 15.5 per cent to NOK 11.0 billion (NOK 9.5 billion) · Profits rose 17.7 per cent to NOK 8.4 billion (NOK 7.1 billion) · Expenses were scaled back to 49.9 per cent (51.1) of income · Return on equity was 18.8 per cent (17.9) · Earnings per share were NOK 6.21 (5.35) Key figures - third quarter 2006: · Pre-tax operating profits were NOK 3.6 billion (NOK 3.6 billion) · Profits were NOK 2.7 billion (NOK 2.7 billion) · Expenses represented 51.0 per cent (48.1) of income · Return on equity was 18.0 per cent (19.8) · Earnings per share were NOK 2.00 (2.03) (Figures for the corresponding period in 2005 in parentheses. Figures for the third quarter of 2005 include non-recurring gains of NOK 0.3 billion.) Comments by group chief executive Svein Aaser: 'I am proud to have colleagues who in a challenging environment not only supply customers with good, competitive products, but also make sure that customer offerings are improved and operations streamlined. This provides a sound foundation for the further development of the DnB NOR Group. Still, I know that however good something is, there is or should always be room for improvement.' 'The financial results achieved by DnB NOR should be a source of pride for employees and managers alike. Income is on the rise, and our costs are under control. However, pension costs have increased considerably due to changes in the calculation model. All business areas show improved performance. The Group's distribution strength and broad product range have never been more evident.' 'The Group is expanding both in and outside Norway. Our balance sheet is increasing by NOK 0.5 billion each day. Much of the expansion takes place in the corporate markets in Norway, the Baltic region and Poland, as well as in the global shipping market. DnB NOR has syndicated loans totalling NOK 36 billion in international markets thus far this year. In short, this demonstrates that DnB NOR is in the process of changing from a Norwegian financial services group with international operations to an international group based in Norway,' says group chief executive Svein Aaser. The quarterly 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

PricewaterhouseCoopers (PwC) has conducted a partial audit of the accounts of DnB NOR Bank ASA as at 30.09.06, in accordance with the standards on partial auditing of accounts. According to their statement to the Board of Directors in DnB NOR Bank ASA, nothing has been brought to the attention of PwC that gives grounds to assume that the submitted accounts have not been prepared in accordance with the law and generally accepted accounting principles.

PricewaterhouseCoopers (PwC) has conducted a partial audit of the accounts of DnB NOR Bank ASA as at 30.09.06, in accordance with the standards on partial auditing of accounts. According to their statement to the Board of Directors in DnB NOR Bank ASA, nothing has been brought to the attention of PwC that gives grounds to assume that the submitted accounts have not been prepared in accordance with the law and generally accepted accounting principles. http://www.newsweb.no/index.asp?melding_ID=138364

PricewaterhouseCoopers (PwC) has conducted a partial audit of the accounts of DnB NOR Bank ASA as at 30.09.06, in accordance with the standards on partial auditing of accounts. According to their statement to the Board of Directors in DnB NOR Bank ASA, nothing has been brought to the attention of PwC that gives grounds to assume that the submitted accounts have not been prepared in accordance with the law and generally accepted accounting principles. http://www.newsweb.no/index.asp?melding_ID=138364

Jarl Veggan, head of Corporate Communications in DnB NOR, has November 7th 2006 sold 1400 shares in DnB NOR ASA at a share price of NOK 86,00. After this transaction Jarl Veggan owns 92 shares in DnB NOR ASA.

Jarl Veggan, head of Corporate Communications in DnB NOR, has November 7th 2006 sold 1400 shares in DnB NOR ASA at a share price of NOK 86,00. After this transaction Jarl Veggan owns 92 shares in DnB NOR ASA. http://www.newsweb.no/index.asp?melding_ID=138561

Head of Corporate Communications in DnB NOR, group executive vice president Jarl Veggan, will retire on 1 January 2007. Veggan has held responsibility for the Group's external and internal communications over a period of 18 years and will be 62 years old in December this year. Eivind Grønstad, senior communications officer, will be acting head of Corporate Communications in DnB NOR as of 1 January 2007. Complete statement on www.newsweb.no Head of Corporate Communications in DnB NOR, group executive vice president Jarl Veggan, will retire on 1 January 2007. Veggan has held responsibility for the Group's external and internal communications over a period of 18 years and will be 62 years old in December this year. Eivind Grønstad, senior communications officer, will be acting head of Corporate Communications in DnB NOR as of 1 January 2007. 'Jarl Veggan has made a tremendous contribution to the Group over many years, and we would like to thank him and wish him a happy retirement and less hectic days with his wife and family,' says group chief executive Svein Aaser.

Head of Corporate Communications in DnB NOR, group executive vice president Jarl Veggan, will retire on 1 January 2007. Veggan has held responsibility for the Group's external and internal communications over a period of 18 years and will be 62 years old in December this year. Eivind Grønstad, senior communications officer, will be acting head of Corporate Communications in DnB NOR as of 1 January 2007. Complete statement on www.newsweb.no Head of Corporate Communications in DnB NOR, group executive vice president Jarl Veggan, will retire on 1 January 2007. Veggan has held responsibility for the Group's external and internal communications over a period of 18 years and will be 62 years old in December this year. Eivind Grønstad, senior communications officer, will be acting head of Corporate Communications in DnB NOR as of 1 January 2007. 'Jarl Veggan has made a tremendous contribution to the Group over many years, and we would like to thank him and wish him a happy retirement and less hectic days with his wife and family,' says group chief executive Svein Aaser. http://www.newsweb.no/index.asp?melding_ID=139638

DnB NOR has signed an agreement to acquire a total of 76.3 per cent of BISE Bank in Poland through its partially-owned subsidiary DnB NORD. This will result in a twofold increase in operations in the Polish market. Complete announcement at newsweb.no DnB NOR has signed an agreement to acquire a total of 76.3 per cent of BISE Bank in Poland through its partially-owned subsidiary DnB NORD. This will result in a twofold increase in operations in the Polish market. BISE Bank's operations focus on retail customers, small and medium-sized businesses and parts of the public sector, while DnB NORD in Poland currently serves only corporate clients. BISE Bank has 780 employees and 46 branches throughout Poland. The shares will be purchased from the French Crédit Coopératif (51.7 per cent) and the Polish ARP (24.6 per cent), a government-owned industrial development agency. The acquisition price represents 3.3 times book equity and values the Polish bank at approximately EUR 140 million. The final consideration may be subject to adjustment. Existing shareholders in BISE have pre-emptive rights to purchase the shares DnB NORD has currently agreed to acquire. DnB NORD will negotiate with the minority shareholders with an aim to take over the remaining shares. DnB NORD was established in 2005. In addition to the Polish market, the bank has operations in Finland, Estonia, Latvia, Lithuania and Denmark. DnB NOR ASA owns 51 per cent of the banking group, while Norddeutsche Landesbank (NORD/LB) owns the remaining shares. DnB NOR will contribute its part of the financing. 'DnB NORD is an important part of our international operations. The acquisition of BISE Bank represents a significant expansion of our operations in Poland, giving us a sound foothold in the retail market, the public sector and the SME segment,' says Svein Aaser, group chief executive in DnB NOR and board chairman in DnB NORD. BISE Bank was established in 1990 by Crédit Coopératif and the Polish Ministry of Labour and Social Policy to provide financing to small and medium-sized companies and contractors. Since then, the bank has expanded its customer base to include retail customers, the energy sector, condominiums and local authorities. Pre-tax profits for the first nine months of 2006 totalled EUR 5 million, while total assets were EUR 600 million at end-September. Potential synergies of approximately EUR 8 million have been identified, mainly from sales of DnB NORD products to customers of BISE Bank. For information about DnB NORD and its activities in Poland, see dnbnord.com.

DnB NOR has signed an agreement to acquire a total of 76.3 per cent of BISE Bank in Poland through its partially-owned subsidiary DnB NORD. This will result in a twofold increase in operations in the Polish market. Complete announcement at newsweb.no DnB NOR has signed an agreement to acquire a total of 76.3 per cent of BISE Bank in Poland through its partially-owned subsidiary DnB NORD. This will result in a twofold increase in operations in the Polish market. BISE Bank's operations focus on retail customers, small and medium-sized businesses and parts of the public sector, while DnB NORD in Poland currently serves only corporate clients. BISE Bank has 780 employees and 46 branches throughout Poland. The shares will be purchased from the French Crédit Coopératif (51.7 per cent) and the Polish ARP (24.6 per cent), a government-owned industrial development agency. The acquisition price represents 3.3 times book equity and values the Polish bank at approximately EUR 140 million. The final consideration may be subject to adjustment. Existing shareholders in BISE have pre-emptive rights to purchase the shares DnB NORD has currently agreed to acquire. DnB NORD will negotiate with the minority shareholders with an aim to take over the remaining shares. DnB NORD was established in 2005. In addition to the Polish market, the bank has operations in Finland, Estonia, Latvia, Lithuania and Denmark. DnB NOR ASA owns 51 per cent of the banking group, while Norddeutsche Landesbank (NORD/LB) owns the remaining shares. DnB NOR will contribute its part of the financing. 'DnB NORD is an important part of our international operations. The acquisition of BISE Bank represents a significant expansion of our operations in Poland, giving us a sound foothold in the retail market, the public sector and the SME segment,' says Svein Aaser, group chief executive in DnB NOR and board chairman in DnB NORD. BISE Bank was established in 1990 by Crédit Coopératif and the Polish Ministry of Labour and Social Policy to provide financing to small and medium-sized companies and contractors. Since then, the bank has expanded its customer base to include retail customers, the energy sector, condominiums and local authorities. Pre-tax profits for the first nine months of 2006 totalled EUR 5 million, while total assets were EUR 600 million at end-September. Potential synergies of approximately EUR 8 million have been identified, mainly from sales of DnB NORD products to customers of BISE Bank. For information about DnB NORD and its activities in Poland, see dnbnord.com. http://www.newsweb.no/index.asp?melding_ID=141611