Torkild Varran (49) has been appointed managing director of DnB NOR Kapitalforvaltning Holding and DnB NOR Kapitalforvaltning ASA. He has been head of investment in DnB NOR Asset Management since 2004 and will continue to perform this function. Complete statement on www.newsweb.no Torkild Varran (49) has been appointed managing director of DnB NOR Kapitalforvaltning Holding and DnB NOR Kapitalforvaltning ASA. He has been head of investment in DnB NOR Asset Management since 2004 and will continue to perform this function. 'I am very happy and proud to accept this position, and I look forward to facing more extensive and challenging tasks in a successful organisation with competent and talented colleagues,' says Torkild Varran. He will take up his new position today, 10 September 2007. Broad experience Torkild Varran holds a Master of Science degree in economics from the University of Oslo and has an MBA from the Norwegian School of Economics and Business Administration. He has worked in the securities market since 1984, within both brokerage and asset management. Torkild Varran has previously been head of investment at Gjensidige NOR Kapitalforvaltning, Avanse forvaltning ASA, Nordea Fondene and the Norwegian National Insurance Fund. Norway's largest DnB NOR Asset Management is Norway's largest provider of mutual funds and discretionary asset management and has 320 employees. Assets under management as at 30 June 2007 totalled NOK 549 billion. DnB NOR Asset Management has offices in Oslo, Stockholm, Bergen, London, New York and Hong Kong. Every day, more than 100 analysts and portfolio managers supervise customer portfolios and mandates. Delighted 'I am very pleased that Torkild Varran has been willing to assume the position as head of DnB NOR Asset Management,' says board chairman in DnB NOR Asset Management and group executive vice president in charge of Life Insurance and Asset Management, Tom Rathke. DnB NOR Asset Management and Vital Forsikring ASA form the business area Life Insurance and Asset Management in the DnB NOR Group.

Torkild Varran (49) has been appointed managing director of DnB NOR Kapitalforvaltning Holding and DnB NOR Kapitalforvaltning ASA. He has been head of investment in DnB NOR Asset Management since 2004 and will continue to perform this function. Complete statement on www.newsweb.no Torkild Varran (49) has been appointed managing director of DnB NOR Kapitalforvaltning Holding and DnB NOR Kapitalforvaltning ASA. He has been head of investment in DnB NOR Asset Management since 2004 and will continue to perform this function. 'I am very happy and proud to accept this position, and I look forward to facing more extensive and challenging tasks in a successful organisation with competent and talented colleagues,' says Torkild Varran. He will take up his new position today, 10 September 2007. Broad experience Torkild Varran holds a Master of Science degree in economics from the University of Oslo and has an MBA from the Norwegian School of Economics and Business Administration. He has worked in the securities market since 1984, within both brokerage and asset management. Torkild Varran has previously been head of investment at Gjensidige NOR Kapitalforvaltning, Avanse forvaltning ASA, Nordea Fondene and the Norwegian National Insurance Fund. Norway's largest DnB NOR Asset Management is Norway's largest provider of mutual funds and discretionary asset management and has 320 employees. Assets under management as at 30 June 2007 totalled NOK 549 billion. DnB NOR Asset Management has offices in Oslo, Stockholm, Bergen, London, New York and Hong Kong. Every day, more than 100 analysts and portfolio managers supervise customer portfolios and mandates. Delighted 'I am very pleased that Torkild Varran has been willing to assume the position as head of DnB NOR Asset Management,' says board chairman in DnB NOR Asset Management and group executive vice president in charge of Life Insurance and Asset Management, Tom Rathke. DnB NOR Asset Management and Vital Forsikring ASA form the business area Life Insurance and Asset Management in the DnB NOR Group.

DnB NOR has presented an offer to acquire all shares in SalusAnsvar. SalusAnsvar distributes financial products to members of Swedish professional organisations. The company has 200 employees and around 540 000 customers and is listed on the Stockholm stock exchange. Complete statement on www.newsweb.no DnB NOR has presented an offer to acquire all shares in SalusAnsvar. SalusAnsvar distributes financial products to members of Swedish professional organisations. The company has 200 employees and around 540 000 customers and is listed on the Stockholm stock exchange. · DnB NOR offers SEK 35 per share of both series A and series B in SalusAnsvar, which represents a bid premium of around 57 per cent. · The total value of the offer is approximately SEK 749 million. · SalusAnsvar's Board of Directors recommends the company's shareholders to accept the offer. · Three of the largest owners, the Swedish Medical Association, Roppongi, a mutual non-life insurance company in liquidation, and Praktikerinvest AB, have undertaken to accept DnB NOR's offer subject to certain conditions. E. Öhman J:or AB is positive to the offer. SalusAnsvar is an independent distributor of life and pension insurance, non-life insurance and bank products to members of professional organisations and trade unions. The company also offers financial advisory services as well as job and career agency services. 'Sweden is an important market for us where we wish to expand and strengthen our presence. The acquisition of SalusAnsvar will give DnB NOR access to a well-established distribution network and a large customer base in Sweden for the sale of products and solutions to retail customers based on their membership in professional organisations,' says group executive vice president Åsmund Skår in DnB NOR. SalusAnsvar cooperates with a total of 64 organisations with just over 1.9 million members. The company has around 540 000 customers and approximately 200 employees and is listed on the OMX Nordic Exchange (Small Cap). Revenues totalled just over SEK 200 million in 2006, with pre-tax profits of SEK 58 million. 'SalusAnsvar's position in the Swedish professional organisation market may be strengthened through DnB NOR's involvement. SalusAnsvar may also represent an incentive for DnB NOR's Norwegian operations,' says Peter H Carlsson, managing director in DnB NOR Bank Sweden. DnB NOR's offer of SEK 35 per share of both series A and series B represents a bid premium of around 57 per cent relative to the closing price of SalusAnsvar's B shares on 17 August 2007, and a premium of around 48 per cent based on the average closing price for SalusAnsvar's B shares over the last 30 trading days. The A-shares are not listed. SalusAnsvar's Board of Directors recommends the company's shareholders to accept the bid. Three of the largest owners, the Swedish Medical Association, Roppongi, a mutual non-life insurance company in liquidation, and Praktikerinvest AB, holding a total of 27.2 per cent of the shares and representing 51.0 per cent of the votes in SalusAnsvar, have undertaken to accept DnB NOR's bid subject to certain conditions. E. Öhman J:or, with 11.0 per cent of the capital and 29.3 per cent of the votes, is positive towards the offer. The bid is conditional on, among other things, DnB NOR acquiring more than 90 per cent of the shares. The period of acceptance is expected to be from 17 September 2007 to 12 October 2007, both dates inclusive. DnB NOR is one of the leading participants in the Nordic financial market. The bid for SalusAnsvar is part of DnB NOR's strategy for development and growth in the Swedish retail market. Earlier this year, DnB NOR purchased the Swedish real estate brokerage chain Svensk Fastighetsförmedling and SEB's vendor-based car financing operations. The complete terms and conditions for the offer can be found on the following pages, which represent an integral part of this press release, and in the prospectus which will be sent to SalusAnsvar's shareholders. DnB NOR website: www.dnbnor.com SalusAnsvar website: www.salusansvar.se This press release has not been and must not, directly or indirectly, be distributed or made public in the USA, Australia, Canada, Japan or South Africa. The Offer is not being made to persons in those jurisdictions or elsewhere where their participation requires further offer documents, filings or other measures in addition to those required by Swedish law.

DnB NOR has presented an offer to acquire all shares in SalusAnsvar. SalusAnsvar distributes financial products to members of Swedish professional organisations. The company has 200 employees and around 540 000 customers and is listed on the Stockholm stock exchange. Complete statement on www.newsweb.no DnB NOR has presented an offer to acquire all shares in SalusAnsvar. SalusAnsvar distributes financial products to members of Swedish professional organisations. The company has 200 employees and around 540 000 customers and is listed on the Stockholm stock exchange. · DnB NOR offers SEK 35 per share of both series A and series B in SalusAnsvar, which represents a bid premium of around 57 per cent. · The total value of the offer is approximately SEK 749 million. · SalusAnsvar's Board of Directors recommends the company's shareholders to accept the offer. · Three of the largest owners, the Swedish Medical Association, Roppongi, a mutual non-life insurance company in liquidation, and Praktikerinvest AB, have undertaken to accept DnB NOR's offer subject to certain conditions. E. Öhman J:or AB is positive to the offer. SalusAnsvar is an independent distributor of life and pension insurance, non-life insurance and bank products to members of professional organisations and trade unions. The company also offers financial advisory services as well as job and career agency services. 'Sweden is an important market for us where we wish to expand and strengthen our presence. The acquisition of SalusAnsvar will give DnB NOR access to a well-established distribution network and a large customer base in Sweden for the sale of products and solutions to retail customers based on their membership in professional organisations,' says group executive vice president Åsmund Skår in DnB NOR. SalusAnsvar cooperates with a total of 64 organisations with just over 1.9 million members. The company has around 540 000 customers and approximately 200 employees and is listed on the OMX Nordic Exchange (Small Cap). Revenues totalled just over SEK 200 million in 2006, with pre-tax profits of SEK 58 million. 'SalusAnsvar's position in the Swedish professional organisation market may be strengthened through DnB NOR's involvement. SalusAnsvar may also represent an incentive for DnB NOR's Norwegian operations,' says Peter H Carlsson, managing director in DnB NOR Bank Sweden. DnB NOR's offer of SEK 35 per share of both series A and series B represents a bid premium of around 57 per cent relative to the closing price of SalusAnsvar's B shares on 17 August 2007, and a premium of around 48 per cent based on the average closing price for SalusAnsvar's B shares over the last 30 trading days. The A-shares are not listed. SalusAnsvar's Board of Directors recommends the company's shareholders to accept the bid. Three of the largest owners, the Swedish Medical Association, Roppongi, a mutual non-life insurance company in liquidation, and Praktikerinvest AB, holding a total of 27.2 per cent of the shares and representing 51.0 per cent of the votes in SalusAnsvar, have undertaken to accept DnB NOR's bid subject to certain conditions. E. Öhman J:or, with 11.0 per cent of the capital and 29.3 per cent of the votes, is positive towards the offer. The bid is conditional on, among other things, DnB NOR acquiring more than 90 per cent of the shares. The period of acceptance is expected to be from 17 September 2007 to 12 October 2007, both dates inclusive. DnB NOR is one of the leading participants in the Nordic financial market. The bid for SalusAnsvar is part of DnB NOR's strategy for development and growth in the Swedish retail market. Earlier this year, DnB NOR purchased the Swedish real estate brokerage chain Svensk Fastighetsförmedling and SEB's vendor-based car financing operations. The complete terms and conditions for the offer can be found on the following pages, which represent an integral part of this press release, and in the prospectus which will be sent to SalusAnsvar's shareholders. DnB NOR website: www.dnbnor.com SalusAnsvar website: www.salusansvar.se This press release has not been and must not, directly or indirectly, be distributed or made public in the USA, Australia, Canada, Japan or South Africa. The Offer is not being made to persons in those jurisdictions or elsewhere where their participation requires further offer documents, filings or other measures in addition to those required by Swedish law.

DnB NOR has presented an offer to acquire all shares in SalusAnsvar. SalusAnsvar distributes financial products to members of Swedish professional organisations. The company has 200 employees and around 540 000 customers and is listed on the Stockholm stock exchange. Complete statement on www.newsweb.no DnB NOR has presented an offer to acquire all shares in SalusAnsvar. SalusAnsvar distributes financial products to members of Swedish professional organisations. The company has 200 employees and around 540 000 customers and is listed on the Stockholm stock exchange. · DnB NOR offers SEK 35 per share of both series A and series B in SalusAnsvar, which represents a bid premium of around 57 per cent. · The total value of the offer is approximately SEK 749 million. · SalusAnsvar's Board of Directors recommends the company's shareholders to accept the offer. · Three of the largest owners, the Swedish Medical Association, Roppongi, a mutual non-life insurance company in liquidation, and Praktikerinvest AB, have undertaken to accept DnB NOR's offer subject to certain conditions. E. Öhman J:or AB is positive to the offer. SalusAnsvar is an independent distributor of life and pension insurance, non-life insurance and bank products to members of professional organisations and trade unions. The company also offers financial advisory services as well as job and career agency services. 'Sweden is an important market for us where we wish to expand and strengthen our presence. The acquisition of SalusAnsvar will give DnB NOR access to a well-established distribution network and a large customer base in Sweden for the sale of products and solutions to retail customers based on their membership in professional organisations,' says group executive vice president Åsmund Skår in DnB NOR. SalusAnsvar cooperates with a total of 64 organisations with just over 1.9 million members. The company has around 540 000 customers and approximately 200 employees and is listed on the OMX Nordic Exchange (Small Cap). Revenues totalled just over SEK 200 million in 2006, with pre-tax profits of SEK 58 million. 'SalusAnsvar's position in the Swedish professional organisation market may be strengthened through DnB NOR's involvement. SalusAnsvar may also represent an incentive for DnB NOR's Norwegian operations,' says Peter H Carlsson, managing director in DnB NOR Bank Sweden. DnB NOR's offer of SEK 35 per share of both series A and series B represents a bid premium of around 57 per cent relative to the closing price of SalusAnsvar's B shares on 17 August 2007, and a premium of around 48 per cent based on the average closing price for SalusAnsvar's B shares over the last 30 trading days. The A-shares are not listed. SalusAnsvar's Board of Directors recommends the company's shareholders to accept the bid. Three of the largest owners, the Swedish Medical Association, Roppongi, a mutual non-life insurance company in liquidation, and Praktikerinvest AB, holding a total of 27.2 per cent of the shares and representing 51.0 per cent of the votes in SalusAnsvar, have undertaken to accept DnB NOR's bid subject to certain conditions. E. Öhman J:or, with 11.0 per cent of the capital and 29.3 per cent of the votes, is positive towards the offer. The bid is conditional on, among other things, DnB NOR acquiring more than 90 per cent of the shares. The period of acceptance is expected to be from 17 September 2007 to 12 October 2007, both dates inclusive. DnB NOR is one of the leading participants in the Nordic financial market. The bid for SalusAnsvar is part of DnB NOR's strategy for development and growth in the Swedish retail market. Earlier this year, DnB NOR purchased the Swedish real estate brokerage chain Svensk Fastighetsförmedling and SEB's vendor-based car financing operations. The complete terms and conditions for the offer can be found on the following pages, which represent an integral part of this press release, and in the prospectus which will be sent to SalusAnsvar's shareholders. DnB NOR website: www.dnbnor.com SalusAnsvar website: www.salusansvar.se This press release has not been and must not, directly or indirectly, be distributed or made public in the USA, Australia, Canada, Japan or South Africa. The Offer is not being made to persons in those jurisdictions or elsewhere where their participation requires further offer documents, filings or other measures in addition to those required by Swedish law.

Trond Bentestuen (37) has been appointed as the new group executive vice president with responsibility for Corporate Communications in DnB NOR. He will take up his new position on 1 January 2008 at the latest. Trond Bentestuen has been vice president of marketing and communications in the electronics chain Expert. He has also previously worked in Telenor. Complete statement on www.newsweb.no Trond Bentestuen (37) has been appointed as the new group executive vice president with responsibility for Corporate Communications in DnB NOR. He will take up his new position on 1 January 2008 at the latest. Trond Bentestuen has been vice president of marketing and communications in the electronics chain Expert. He has also previously worked in Telenor. 'DnB NOR is entering a phase where brand-building and market positioning will become increasingly important. Trond Bentestuen has valuable experience from both a large organisation such as Telenor and from a challenger company Expert. He will therefore be an important contributor in this area,' says Rune Bjerke, group chief executive. The new head of Corporate Communications has extensive experience from both growing organisations and arenas with an international focus. In Telenor, he was information consultant and press spokesman for the Fornebu project. 'Based on his competence within communications and brand-building, Trond Bentestuen's contribution will further vitalise and develop this part of our operations,' says Rune Bjerke. In DnB NOR, Trond Bentestuen will manage a unit of some 40 employees, with responsibility for internal and external communication, corporate social responsibility, brand-building and sponsoring. Professional experience: 2002-2008: Vice president, Marketing and Communications - Expert ASA/Expert Norge AS (internal/external communication, brands, corporate social responsibility, sponsoring and contact with the authorities) 1998-2002: Information consultant and press spokesman - Telenor (Press spokesman for the Fornebu project and group information services) 1996-1998: Journalist and production manager - Maskinentreprenørenes Forening Education: 1993-1996: Bachelor of Arts, Journalism and Political Science, Temple University, Philadelphia (Honors Degree and Dean's List) 1990-1991: Junior Officer School for the Infantry in South Norway 1992-1993: Active duty as Sergeant in His Majesty the King's Guard

DnB NOR will arrange a Capital Markets Day in London today. All presentations are enclosed.

CAPITAL MARKETS DAY 2/2 DnB NOR will arrange a Capital Markets Day in London today. All presentations are enclosed.

At a Capital Markets Day in London today, 9 October 2007, DnB NOR ASA will present new financial target figures for the 2008-2010 period. The new target figures are 16 per cent return on equity and a 10 per cent average annual increase in pre-tax operating profits before write-downs. Complete statement on www.newsweb.no At a Capital Markets Day in London today, 9 October 2007, DnB NOR ASA will present new financial target figures for the 2008-2010 period. The new target figures are 16 per cent return on equity and a 10 per cent average annual increase in pre-tax operating profits before write-downs. This implies that the return on equity target has been raised from 15 to 16 per cent. A 10 per cent annual increase in pre-tax operating profits before write-downs implies that this figure will reach NOK 20 billion in 2010, up from NOK 14.1 billion in 2006. 'Our customer base and our strong distribution network in Norway give us a unique platform for selling an increasing number of products per customer. Internationally, we will build on our expertise within shipping, energy and fisheries. We will become a universal bank in Sweden and expand our initiatives in the Baltic region through DnB NORD,' says group chief executive Rune Bjerke. DnB NOR has already reached its target of a cost/income ratio below 50 per cent. Bjerke expresses an ambition to achieve a cost/income ratio below 46 per cent by 2010. 'We have initiated a cost programme in our Norwegian operations which will reduce costs by NOK 1 billion annually by 2010,' he says. The cost reductions will be realised by streamlining operational processes, IT, procurement and distribution. Based on changes in the way customers use the bank, the number of branch offices will be reduced by 30 during the period up to 2010. DnB NOR's current dividend policy and capital adequacy requirements will remain unchanged. This implies a core capital ratio target of approximately 6.5 per cent and the distribution of approximately 50 per cent of net annual profits as dividends

THIRD-QUARTER PERFORMANCE IN LINE WITH 2006 In connection with a Capital Markets Day in London today, 9 October 2007, DnB NOR announces that the Group's third-quarter profits will be on a level with the results for the third quarter of 2006, before taking account of the gain on the sale of the Group's premises at Aker Brygge in Oslo this year. Complete statement on www.newsweb.no In connection with a Capital Markets Day in London today, 9 October 2007, DnB NOR announces that the Group's third-quarter profits will be on a level with the results for the third quarter of 2006, before taking account of the gain on the sale of the Group's premises at Aker Brygge in Oslo this year. In the third quarter of 2007, DnB NOR will record a net unrealised loss of approximately NOK 600 million stemming from a decline in prices on bonds and interest rate instruments affected by the financial market turmoil. The bond margin required by the market has generally increased. Price changes on the bank's bond investments are recorded in the accounts as they occur, but are reversed over the residual maturity of the bonds, which averages less than three years. The portfolio of international bonds in the bank's balance sheet is valued at NOK 90 billion. It functions as a liquidity reserve and is to a large extent deposited as collateral for unutilised borrowing facilities with central banks. 99 per cent of the portfolio has the highest possible credit rating, AAA. DnB NOR has no direct exposure to US mortgages nor to the so-called subprime market. The third quarter of the year has seen further growth in lending and deposit volumes. Total lending volume had increased to NOK 890 billion in August, from NOK 817 billion in December 2006, while total deposits had risen from NOK 466 billion to NOK 537 billion during the same period