New Tier 2 bond

DNB Bank ASA is currently considering issuing a new Tier 2 bond of minimum NOK 1 billion.

The bond will have a maturity of 10 years and be callable after 5 years (5+5). The bond issue was authorised by the Board of Directors of DNB Bank ASA on 21 December 2012. The approval and accompanying guidelines related to the issue were given in a letter from the Financial Supervisory Authority of Norway (Finanstilsynet) on 20 December 2012.

Arranger: DNB Markets.

Contacts at DNB Bank ASA:
Thor Tellefsen, head of Long-term Funding, tel: +47915 44 385