DnB NOR: Annual General Meeting 27 April 2010

The Annual General Meeting in DnB NOR ASA on 27 April 2010 approved the Board of Directors' proposal for the 2009 annual report and accounts, including the distribution of a dividend for 2009 of NOK 1.75 per share to registered shareholders as at 27 April 2010, to be distributed as from 11 May 2010. The shares in DnB NOR ASA will be quoted ex-dividend on 28 April 2010.

The Annual General Meeting authorised the Board of Directors of DnB NOR ASA to acquire own shares for a total face value of up to NOK 1,547,358,918, corresponding to 9.5 per cent of share capital. The shares may be purchased through the stock market. Each share may be purchased at a price between NOK 10 and NOK 150. The authorisation will be valid for a period of 12 months from 27 April 2010. 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 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

In addition, the General Meeting endorsed the Election Committee's proposal for the election of members and a deputy to the Supervisory Board and members to the Election Committee.

The minutes of the Annual General Meeting will be published on www.dnbnor.com.

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.