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

DnB NOR will establish its own non-life insurance company, and has an ambition to capture a considerable share of the retail non-life insurance market. The new company will start operations by the end of 2008. Complete statement on www.newsweb.no DnB NOR will establish its own non-life insurance company, and has an ambition to capture a considerable share of the retail non-life insurance market. The new company will start operations by the end of 2008. So far, DnB NOR has delivered non-life insurance in cooperation with external risk bearers. The establishment of the new company means that DnB NOR will control the entire value chain. 'DnB NOR wishes to offer customers a full range of financial services. The establishment of our own non-life insurance company will enable us to tailor products to the retail segment. We will take advantage of our extensive distribution power to gain a considerable share of this market,' says Åsmund Skår, group executive vice president, DnB NOR Retail Banking. Since 1999, DnB NOR has offered its customers non- life insurance through Vital Skade. The current portfolio with NOK 700 million in premium income will be incorporated in the new company. 'We have extensive experience within non-life insurance, and DnB NOR is at the forefront in the electronic distribution of insurance products through the Internet bank. This ensures very cost- effective operations. Today, 5.8 per cent of our 800 000 Internet banking customers have bought non- life insurance policies. We aim to increase this share to 30 per cent,' says Åsmund Skår. DnB NOR will market non-life insurance in all distribution channels: branch offices, the telephone bank, the Internet bank, the mobile bank and real estate brokerages. Customers will buy and manage their insurance policies in a self-service solution in the Internet bank.

DnB NOR is to open a branch office in Santiago and representative offices in Piraeus and Mumbai. 'These initiatives are part of DnB NOR's international growth strategy and will strengthen our ability to locally follow up existing clients within shipping, energy, fisheries and aquaculture, while creating new business opportunities for the bank,' says Leif Teksum, group executive vice president. Complete statement on www.newsweb.no DnB NOR is to open a branch office in Santiago and representative offices in Piraeus and Mumbai. 'These initiatives are part of DnB NOR's international growth strategy and will strengthen our ability to locally follow up existing clients within shipping, energy, fisheries and aquaculture, while creating new business opportunities for the bank,' says Leif Teksum, group executive vice president. Greece The office in Piraeus will serve shipping clients in and outside Greece. DnB NOR is among the world's leading banks within global ship financing. Greece is the world's largest shipping nation, and DnB NOR already has a significant number of Greek clients. 'The opening of an office in Piraeus will create a stronger platform for further growth in both the Greek and international shipping markets,' says Leif Teksum. India The office in Mumbai will primarily serve clients within shipping and energy. 'India is a rapidly growing economy, and over the last five years GDP growth has averaged approximately 7.8 per cent. DnB NOR already serves Indian-based companies within shipping, offshore, logistics and energy. An increasing number of Norwegian companies are establishing themselves in India and making investments in DnB NOR's core competence areas,' says Leif Teksum. Chile The office in Chile will primarily serve clients within the fisheries and aquaculture sector, but also within shipping and energy in Chile and neighbouring areas. 'DnB NOR currently has a representative in Brazil and Chile who serves the bank's clients in South America. A branch office will now be opened in Chile while the representation in Brazil will continue as today. The establishment of a branch office in Santiago is subject to approval from the governing bodies in DnB NOR Bank ASA and from the supervisory authorities in Norway. The new establishments are conditional on approval from the respective countries' authorities and are planned to be in place in the course of 2008.

DnB NOR Finans will become one of the key providers of car financing in Scandinavia after acquiring SkandiaBanken Bilfinans' operations in Sweden and Norway. 'We will purchase a portfolio of 115 000 customer contracts and a total credit portfolio of NOK 11 billion,' says Stein Ove Steffensen, managing director of DnB NOR Finans. Complete statement on www.newsweb.no DnB NOR Finans will become one of the key providers of car financing in Scandinavia after acquiring SkandiaBanken Bilfinans' operations in Sweden and Norway. 'We will purchase a portfolio of 115 000 customer contracts and a total credit portfolio of NOK 11 billion,' says Stein Ove Steffensen, managing director of DnB NOR Finans. The purchase price is about NOK 1.9 billion, corresponding to 2.2 times implicit risk-adjusted capital. Over the past six months, DnB NOR has purchased SEB's vendor-based car financing operations and the real estate brokerage chain Svensk Fastighetsförmedling, and presented a bid for the distribution company SalusAnsvar. The acquisition of SkandiaBanken Bilfinans may thus become the fourth bolt-on acquisition by DnB NOR in Sweden within a short period. Priority area 'Car financing for private individuals and companies is a core business for DnB NOR Finans and a priority area for the DnB NOR Group. This acquisition is also a further manifestation of our determination to create a full-service financial services group in Sweden,' says Rune Bjerke, group chief executive of DnB NOR. DnB NOR Finans offers products within loans, leasing and fleet management in Norway and Sweden. Upon the completion of this transaction, DnB NOR Finans will have a financing portfolio of some 250 000 vehicles. Market shares within car financing will be around 30 per cent in Norway and just below 20 per cent in Sweden. Growth and competence SkandiaBanken Bilfinans has achieved average annual growth in business volumes of 19 per cent in Norway and 11 per cent in Sweden since 1998. The operations to be acquired have some 120 employees. DnB NOR Finans is Norway's largest finance company and a wholly-owned subsidiary of DnB NOR Bank ASA. The company operates from 14 locations in Norway, as well as from Stockholm, Gothenburg and Copenhagen. Following the acquisition, the company will have total assets of NOK 45 billion, 300 000 customer contracts, annual factoring turnover NOK 60 billion, and employ close to 650 persons. Most of the employees of both DnB NOR Finans and SkandiaBanken working within car financing operations in Norway, are located in Bergen. 'Both organisations are marked by a strong sales drive, close relations to car dealers, and satisfied customers. Economies of scale and the exchange of skills and web solutions will further strengthen this position,' says Steffensen. The transaction is expected to increase earnings per share marginally, and the profitability of the operation will meet DnB NOR's return on investment requirement. The transaction will be completed during the first half of 2008, conditional on approval by Swedish and Norwegian authorities.

DnB NOR Boligkreditt AS

Supplementary Information for Investors and Analysts

2007 Third Quarter Results