Stock and press releases

Tore Olaf Rimmereid, boardmember in DnB NOR Bank ASA, has 19.02.2008 bought shares in DnB NOR ASA at a share price of NOK 77,50. After this transaction Tore Olaf Rimmereid owns 2000 shares in DnB NOR ASA.

Financial highlights

Fourth quarter 2007
· Pre-tax operating profits before write-downs were down 1.2 per cent to NOK 3.2 billion (3.2)
· Profit for the period increased by 60.7 per cent to NOK 3.7 billion (2.3)
· Return on equity was 24.6 per cent (16.7)
· Expenses represented 51.3 per cent of income (49.8)
· The core capital ratio was 7.9 per cent (6.8)

Full year 2007
· Pre-tax operating profits before write-downs were up 6.4 per cent to NOK 13.1 billion (12.3)
· Profit for the year increased by 18.6 per cent to NOK 11.4 billion (9.6)
· Return on equity was 19.7 per cent (18.2)
· Expenses represented 50.6 per cent of income (50.1)
· The core capital ratio was 7.9 per cent (6.8)

Supplementary Information for Investors and Analysts

Full Year Results 2007

DnB NOR Boligkreditt AS

Ottar Ertzeid, Group Executive Vice President in DnB NOR and Head of DnB NOR Markets, has 14 February 2008 bought 15 000 shares in DnB NOR ASA at a share price of NOK 75.70. After this transaction, Ottar Ertzeid owns 39 995 shares in DNB NOR ASA.

Bjørn Erik Næss (53) has been appointed group executive vice president and new CFO in DnB NOR. He will join the Group at the beginning of March 2008, leaving his current position as EVP and CFO in Aker Kværner ASA. He has previously held corresponding positions in Carlsberg and Orkla. 'Bjørn Erik Næss has broad expertise, and his experience from international operations will be of great value to DnB NOR in the future. I am therefore delighted that he agreed to take over as CFO when deputy CEO Tom Grøndahl expressed his wish to wind down,' says group chief executive Rune Bjerke. 'I am really looking forward to getting started. Still, I must add that I will be leaving a very good workplace,' says Bjørn Erik Næss. 'To me, this is an exciting challenge, and it will be interesting to sit on the other side of the table after being a customer for close to 30 years. I have many years of management and professional experience from leading Norwegian and international companies. At the same time, I have great respect for all the new things I will now have to relate to,' says Næss. Næss is a graduate of the Norwegian School of Economics and Business Administration in Bergen and completed an executive programme at Darden Business School in the USA.