Split of PCCs and bonus issue


The proposed action implies that November 3rd, 2005, will be the last day the PCCs trade with a nominal value of NOK 100 and that on November 4th, 2005, the PCCs trade ex bonus issue and with a new nominal value of NOK 25.
 
Trondheim, 25.10.05
 
For any queries please contact CFO Kjell Fordal on + 47 905 41672.
 
 
SpareBank 1 Midt-Norge is Central Norway's leading financial group. We are market leaders in personal and business banking and have 58 offices in 49 municipalities, in addition to distributing our services through 17 in-shop banks. Our head office is in Trondheim. The group has approximately 700 employees and comprises, in addition to banking operations, the subsidiaries SpareBank 1 Finans Midt-Norge AS, EiendomsMegler 1 Midt-Norge AS, Allegro Finans ASA and Midt-Norge Regnskap AS.
 
Our mission is to be the recommended bank for customers in Central Norway and, as a local, independent savings bank, we feel a special responsibility for stimulating growth and quality of life in the region. We base our business on proximity to customers, good accessibility, a complete range of banking, financial and insurance products, and holistic financial advisory services. 
 
SpareBank 1 Midt-Norge is one of six owners of SpareBank 1 Gruppen AS.
 
For more information, visit our website at