DNBNOR - RUNE BJERKE NEW GROUP CHIEF EXECUTIVE

DNBNOR - RUNE BJERKE NEW GROUP CHIEF EXECUTIVE

The Board of Directors of DnB NOR ASA has appointed Rune Bjerke new group chief executive, succeeding Svein Aaser, who will reach retirement age at the end of the current year. Bjerke (46) is currently president and CEO of Hafslund ASA. Complete statement on www.newsweb.no The Board of Directors of DnB NOR ASA has appointed Rune Bjerke new group chief executive, succeeding Svein Aaser, who will reach retirement age at the end of the current year. Bjerke (46) is currently president and CEO of Hafslund ASA. Rune Bjerke holds an economics degree from the University of Oslo and a Master's Degree in Public Administration from Harvard University. His previous positions include president and CEO of Scancem International, where he headed the international cement company's Asia trading activities and was the company's chief financial officer. Prior to this, Rune Bjerke served as finance commissioner of the City of Oslo and was adviser to Norway's Ministry of Petroleum and Energy. 'Svein Aaser has done an excellent job during his eight years as group chief executive. He and his staff have made DnB NOR Norway's most important financial institution. Thus, it has been a demanding process to find a successor who will continue DnB NOR's strategy,' says Olav Hytta, chairman of the Board of Directors. 'I am pleased that Rune Bjerke has accepted the position as group chief executive of DnB NOR. In appointing Rune Bjerke, the Board of Directors has placed special emphasis on his extensive experience and his success at the helm of a large, listed company. He has demonstrated an ability for strategic thinking as well as day-to- day management, and has an inclusive managerial style combined with a positive natural authority,' says Olav Hytta. Rune Bjerke will receive an annual salary of NOK 4.2 million, bonus payments of maximum 30 per cent of annual salary, subject to given criteria, and a contractual termination payment for two years, to be reduced relative to any income from other employment. His retirement age will be 60 years, while pension benefits will correspond to 70 per cent of annual salary. As group chief executive in DnB NOR, Bjerke will also assume the position as CEO of DnB NOR Bank ASA. This appointment will be approved at a joint meeting of the bank's Board of Directors and Supervisory Board on 17 August 2006. Rune Bjerke will assume the position as group chief executive on 1 January 2007. Press conference: In connection with the appointment of Rune Bjerke as new group chief executive in DnB NOR, a press conference will be held at 10 a.m. on Wednesday, 28 June 2006 at DnB NOR's offices at Stranden 1, Aker Brygge, Oslo.

DNBNOR - REPURCHASE OF SHARES

DNBNOR - REPURCHASE OF SHARES

On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. Complete statement on www.newsweb.no On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares.

DNBNOR - REPURCHASE OF SHARES

DNBNOR - REPURCHASE OF SHARES

On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. Complete statement on www.newsweb.no On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares. http://www.newsweb.no/index.asp?melding_ID=131388

DNBNOR - REPURCHASE OF SHARES

DNBNOR - REPURCHASE OF SHARES

On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. Complete statement on www.newsweb.no On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares. http://www.newsweb.no/index.asp?melding_ID=131388

DNBNOR - REPURCHASE OF SHARES

DNBNOR - REPURCHASE OF SHARES

On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. Complete statement on www.newsweb.no On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares. http://www.newsweb.no/index.asp?melding_ID=131388

DNBNOR - REPURCHASE OF SHARES

DNBNOR - REPURCHASE OF SHARES

On 30 June 2006, DnB NOR ASA purchased 550 000 own shares through the stock market at an average price of NOK 77,16 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 685 000 own shares. Complete statement on www.newsweb.no On 30 June 2006, DnB NOR ASA purchased 550 000 own shares through the stock market at an average price of NOK 77,16 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 685 000 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares.

DNBNOR - REPURCHASE OF SHARES

DNBNOR - REPURCHASE OF SHARES

On 30 June 2006, DnB NOR ASA purchased 550 000 own shares through the stock market at an average price of NOK 77,16 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 685 000 own shares. Complete statement on www.newsweb.no On 30 June 2006, DnB NOR ASA purchased 550 000 own shares through the stock market at an average price of NOK 77,16 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 685 000 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares. http://www.newsweb.no/index.asp?melding_ID=131500

DNBNOR - REPURCHASE OF SHARES FROM SMALL-SCALE SHAREHOLDERS

DNBNOR - REPURCHASE OF SHARES FROM SMALL-SCALE SHAREHOLDERS

On 22 June 2006, DnB NOR ASA presented 4 500 shareholders owning less than a round lot (100 shares) with an offer to sell their shares free of charge. At the end of the offer period, the offer had been accepted by 2,182 shareholders owning a total of 101,047 shares. Complete announcement on www.newsweb.no On 22 June 2006, DnB NOR ASA presented 4 500 shareholders owning less than a round lot (100 shares) with an offer to sell their shares free of charge. At the end of the offer period, the offer had been accepted by 2,182 shareholders owning a total of 101,047 shares. The price per share was set at NOK 77.75, which is the higher of the price at the start and the price at the end of the offer period. After the repurchase, DnB NOR ASA holds a total of 2,786,047 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares.

DNBNOR - REPURCHASE OF SHARES FROM SMALL-SCALE SHAREHOLDERS

DNBNOR - REPURCHASE OF SHARES FROM SMALL-SCALE SHAREHOLDERS

On 22 June 2006, DnB NOR ASA presented 4 500 shareholders owning less than a round lot (100 shares) with an offer to sell their shares free of charge. At the end of the offer period, the offer had been accepted by 2,182 shareholders owning a total of 101,047 shares. Complete announcement on www.newsweb.no On 22 June 2006, DnB NOR ASA presented 4 500 shareholders owning less than a round lot (100 shares) with an offer to sell their shares free of charge. At the end of the offer period, the offer had been accepted by 2,182 shareholders owning a total of 101,047 shares. The price per share was set at NOK 77.75, which is the higher of the price at the start and the price at the end of the offer period. After the repurchase, DnB NOR ASA holds a total of 2,786,047 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors' authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA's largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership does not change as a result of the redemption of repurchased shares. http://www.newsweb.no/index.asp?melding_ID=131925