DnB NOR to acquire Monchebank in Murmansk DnB NOR has entered into an agreement to acquire Monchebank, headquartered in Murmansk with 180 employees. DnB NOR established a representative office in Murmansk in 1999 and has cooperated with Monchebank for several years. 'The acquisition of Monchebank will give us a sound position in an area with exciting prospects once the large oil and gas fields in the Barents Sea are due for extraction,' says Svein Aaser, group chief executive in DnB NOR. The acquisition of Monchebank is in line with DnB NOR's stated international strategy, which implies that the Group will focus on selected areas and industries such as energy, fisheries and shipping. DnB NOR will also follow existing customers outside Norway. An increasing number of Norwegian companies are establishing themselves in Murmansk and the Barents region. Monchebank has a firm foothold in Murmansk, with 3,000 corporate clients and around 50,000 retail customers. The bank's equity totals approximately USD 10 million, and annual operating profits have been just over USD 1.5 million the past few years. Monchebank is currently owned by the Moscow-based Rosbank, a company in the Interros Group. DnB NOR will pay USD 21 million for 97.3 per cent of the shares in Monchebank. Some operations in Monchebank, associated with activities in the Interros Group, will be transferred to the seller before the transaction is completed. The acquisition of Monchebank is contingent on approval by the authorities in Norway and Russia. Monchebank is a small regional bank, but has all necessary licences to engage in banking throughout Russia. Starting business from scratch would be a time-consuming process which could take between three and five years. 'In addition to sound operations in the Murmansk area, which we will develop further, the acquisition of Monchebank will give DnB NOR immediate access to the Russian banking market,' says Aaser. DnB NOR already has a sound position in Northern Norway through its subsidiary Nordlandsbanken and eight bank branches in Troms and Finnmark counties. Earlier this year, DnB NOR entered into an agreement with the German Norddeutsche Landesbank (NORD/LB) on the establishment of DnB NORD. DnB NORD will conduct banking operations in the Baltic states, Poland and Denmark. DnB NOR has also taken over NORD/LB's operations in Sweden. 'The acquisition of Monchebank complements our initiatives in the Nordic region and in the rapidly expanding economies in the Baltic region, which include the establishment of DnB NORD,' says group chief executive Svein Aaser. http://www.newsweb.no/index.asp?melding_ID=115596

Supplementary Information for Investors and Analysts

2005 Third Quarter Results

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DnB NOR Bank ASA

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DnB NOR: Profits up 37 per cent in third quarter Third quarter 2005 · Profits after taxes rose 37 per cent to NOK 2 665 million (NOK 1 943 million in the third quarter of 2004) · Earnings per share were NOK 1.99 (1.47) · Return on equity came to 19.5 per cent (16.7) Attachment on www.newsweb.no Third quarter 2005 · Profits after taxes rose 37 per cent to NOK 2 665 million (NOK 1 943 million in the third quarter of 2004) · Earnings per share were NOK 1.99 (1.47) · Return on equity came to 19.5 per cent (16.7) · The cost/income ratio was reduced to 48.9 per cent (56.5) · The core capital ratio at end-September rose to 7.4 per cent (7.3) First three quarters 2005 · Profits after taxes rose 23 per cent to NOK 7 079 million (NOK 5 766 million in the first three quarters of 2004) · Earnings per share were NOK 5.30 (4.37) · Return on equity came to 17.8 per cent (16.8) · The cost/income ratio was reduced to 51.7 per cent (57.3) Comments by group chief executive Svein Aaser: 'DnB NOR is a financial services group in expansion. Our balance sheet assets have now surpassed NOK 1 000 billion, and assets under management exceed NOK 500 billion for the first time. The increase stems primarily from organic growth. Our growth platform in the Nordic region has also been expanded. In addition to Sweden and the Baltic region, we will acquire a banking operation in Northwest Russia. The purchase of Monchebank will give us a foothold in an area where trade between Norway and Russia is increasing within three of DnB NOR's core areas of activity: energy, fishing and shipping. Monchebank is licensed to engage in all forms of banking operations throughout Russia.' 'I sense an innovative spirit throughout the organisation. New products and solutions are being developed and are well received by customers, and sales activity has seldom been stronger. I note with satisfaction that costs in the third quarter were cut to under half of group income. All in all, a tremendous effort on the part of our staff at home and abroad,' says group chief executive Svein Aaser. Results are reported in accordance with international accounting principles (IFRS). The transition to IFRS has no impact on the formal core capital ratio. 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

DnB NOR to acquire Monchebank in Murmansk DnB NOR has entered into an agreement to acquire Monchebank, headquartered in Murmansk with 180 employees. DnB NOR established a representative office in Murmansk in 1999 and has cooperated with Monchebank for several years. 'The acquisition of Monchebank will give us a sound position in an area with exciting prospects once the large oil and gas fields in the Barents Sea are due for extraction,' says Svein Aaser, group chief executive in DnB NOR. The acquisition of Monchebank is in line with DnB NOR's stated international strategy, which implies that the Group will focus on selected areas and industries such as energy, fisheries and shipping. DnB NOR will also follow existing customers outside Norway. An increasing number of Norwegian companies are establishing themselves in Murmansk and the Barents region. Monchebank has a firm foothold in Murmansk, with 3,000 corporate clients and around 50,000 retail customers. The bank's equity totals approximately USD 10 million, and annual operating profits have been just over USD 1.5 million the past few years. Monchebank is currently owned by the Moscow-based Rosbank, a company in the Interros Group. DnB NOR will pay USD 21 million for 97.3 per cent of the shares in Monchebank. Some operations in Monchebank, associated with activities in the Interros Group, will be transferred to the seller before the transaction is completed. The acquisition of Monchebank is contingent on approval by the authorities in Norway and Russia. Monchebank is a small regional bank, but has all necessary licences to engage in banking throughout Russia. Starting business from scratch would be a time-consuming process which could take between three and five years. 'In addition to sound operations in the Murmansk area, which we will develop further, the acquisition of Monchebank will give DnB NOR immediate access to the Russian banking market,' says Aaser. DnB NOR already has a sound position in Northern Norway through its subsidiary Nordlandsbanken and eight bank branches in Troms and Finnmark counties. Earlier this year, DnB NOR entered into an agreement with the German Norddeutsche Landesbank (NORD/LB) on the establishment of DnB NORD. DnB NORD will conduct banking operations in the Baltic states, Poland and Denmark. DnB NOR has also taken over NORD/LB's operations in Sweden. 'The acquisition of Monchebank complements our initiatives in the Nordic region and in the rapidly expanding economies in the Baltic region, which include the establishment of DnB NORD,' says group chief executive Svein Aaser.

DnB NOR ASA - transfer of shares in DnB NOR Asset Management Holding (Sweden) AB to DnB NOR Kapitalforvaltning Holding AS Today, 26 September 2005, DnB NOR ASA has signed an agreement to transfer all shares in its wholly owned subsidiary DnB NOR Asset Management Holding (Sweden) AB (a total of 1,351,000 shares) to DnB NOR Kapitalforvaltning Holding AS, another wholly owned subsidiary of DnB NOR ASA. The transfer is in compliance with prevailing rules on intra-group transactions. Compensation will total NOK 1,087,916,000, corresponding to NOK 805.267 per share. The transfer will be effective as of 1 January 2005, conditional on the necessary permits from public authorities in Norway and abroad. This statement has been issued in compliance with Section 3- 1, first paragraph, second sentence of the Securities Trading Act. The transfer of shares in DnB NOR Asset Management Holding (Sweden) AB will have no impact on DnB NOR ASA's financial position. http://www.newsweb.no/index.asp?melding_ID=113907

DnB NOR: Profits up 37 per cent in third quarter Third quarter 2005 · Profits after taxes rose 37 per cent to NOK 2 665 million (NOK 1 943 million in the third quarter of 2004) · Earnings per share were NOK 1.99 (1.47) · Return on equity came to 19.5 per cent (16.7) Attachment on www.newsweb.no Third quarter 2005 · Profits after taxes rose 37 per cent to NOK 2 665 million (NOK 1 943 million in the third quarter of 2004) · Earnings per share were NOK 1.99 (1.47) · Return on equity came to 19.5 per cent (16.7) · The cost/income ratio was reduced to 48.9 per cent (56.5) · The core capital ratio at end-September rose to 7.4 per cent (7.3) First three quarters 2005 · Profits after taxes rose 23 per cent to NOK 7 079 million (NOK 5 766 million in the first three quarters of 2004) · Earnings per share were NOK 5.30 (4.37) · Return on equity came to 17.8 per cent (16.8) · The cost/income ratio was reduced to 51.7 per cent (57.3) Comments by group chief executive Svein Aaser: 'DnB NOR is a financial services group in expansion. Our balance sheet assets have now surpassed NOK 1 000 billion, and assets under management exceed NOK 500 billion for the first time. The increase stems primarily from organic growth. Our growth platform in the Nordic region has also been expanded. In addition to Sweden and the Baltic region, we will acquire a banking operation in Northwest Russia. The purchase of Monchebank will give us a foothold in an area where trade between Norway and Russia is increasing within three of DnB NOR's core areas of activity: energy, fishing and shipping. Monchebank is licensed to engage in all forms of banking operations throughout Russia.' 'I sense an innovative spirit throughout the organisation. New products and solutions are being developed and are well received by customers, and sales activity has seldom been stronger. I note with satisfaction that costs in the third quarter were cut to under half of group income. All in all, a tremendous effort on the part of our staff at home and abroad,' says group chief executive Svein Aaser. Results are reported in accordance with international accounting principles (IFRS). The transition to IFRS has no impact on the formal core capital ratio. 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 http://www.newsweb.no/index.asp?melding_ID=115580