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DnB NOR Bank ASA

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To achieve an optimal level of equity in the Group, at the General Meeting to be held on 21 April 2005, the Board of Directors in DnB NOR ASA will request authorisation to repurchase shares. Pursuant to the authorisation, the Board will be able to acquire own shares for a total face value of up to NOK 1 339 089 894, corresponding to 10 per cent of share capital. To achieve an optimal level of equity in the Group, at the General Meeting to be held on 21 April 2005, the Board of Directors in DnB NOR ASA will request authorisation to repurchase shares. Pursuant to the authorisation, the Board will be able to acquire own shares for a total face value of up to NOK 1 339 089 894, corresponding to 10 per cent of share capital. The shares may be purchased through the stock market. Each share may be purchased at prices between NOK 10 and NOK 100. The authorisation is valid for a period of 12 months from 21 April 2005. Acquired shares shall be redeemed in accordance with regulations on the reduction of capital. An agreement will be signed with the Norwegian government, represented by the Ministry of Trade and Industry, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership in the company does not change as a result of the redemption of repurchased shares. http://www.newsweb.no/index.asp?melding_ID=104418

To achieve an optimal level of equity in the Group, at the General Meeting to be held on 21 April 2005, the Board of Directors in DnB NOR ASA will request authorisation to repurchase shares. Pursuant to the authorisation, the Board will be able to acquire own shares for a total face value of up to NOK 1 339 089 894, corresponding to 10 per cent of share capital. To achieve an optimal level of equity in the Group, at the General Meeting to be held on 21 April 2005, the Board of Directors in DnB NOR ASA will request authorisation to repurchase shares. Pursuant to the authorisation, the Board will be able to acquire own shares for a total face value of up to NOK 1 339 089 894, corresponding to 10 per cent of share capital. The shares may be purchased through the stock market. Each share may be purchased at prices between NOK 10 and NOK 100. The authorisation is valid for a period of 12 months from 21 April 2005. Acquired shares shall be redeemed in accordance with regulations on the reduction of capital. An agreement will be signed with the Norwegian government, represented by the Ministry of Trade and Industry, for the redemption of a proportional share of government holdings to ensure that the government's percentage ownership in the company does not change as a result of the redemption of repurchased shares.

Oslo Børs has received the following notification from Fox-Pitt, Kelton Ltd. Gjensidige NOR Forsikring considers to sell shares in DnB NOR ASA Not for distribution in the United States, Canada, Australia, South Africa or Japan Gjensidige NOR Forsikring ('GNF') has appointed Citigroup to place 41 million shares in DnB NOR ASA. If completed, the sale will reduce GNF's holding of DnB NOR shares to approximately 2.2 %. The price achieved by GNF will depend on the outcome of a bookbuilding process carried out by Citigroup starting today. The closing price of DnB NOR ASA on the Oslo Stock Exchange on Thursday 24 February was NOK 63.00 per share. Fox-Pitt, Kelton has been the financial adviser to GNF in planning this transaction. This document does not constitute an offer of securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933. The securities have not been and will not be registered under the US Securities Act of 1933 http://www.newsweb.no/index.asp?melding_ID=103724