Statement to Oslo Børs: Change in the Board of Directors of DnB NOR ASA

Today, DnB NOR ASA has been informed that Heidi M. Petersen will step down from
her position on the Board of Directors of DnB NOR ASA. The reason for this is
that her positions on the boards of several other Norwegian companies are not
easily compatible with the strict requirements in the Financial Institutions
Act regarding security for loans to companies with board members who are also
board members in DnB NOR ASA. It is a challenging task for large Norwegian
listed companies to find board members who fulfil today's strict requirements
for expertise and diversity. DnB NOR therefore regrets that attractive members
of DnB NOR's governing bodies have to retire due to stipulations in financial
legislation.