DNBNOR - ANNUAL ACCOUNTS FOR BANKING OPERATIONS FOR 2003

Enclosed is the proposal from the Board of Directors in DnB http://www.newsweb.no/index.asp?melding_ID=90723 NOR Bank ASA for the annual report and accounts for 2003 for Den norske Bank ASA and Union Bank of Norway ASA as well as auditor's reports for both companies. Attachments on newsweb.no.