DnB NOR: Annual General Meeting 30 April 2008

The Annual General Meeting in DnB NOR ASA on 30 April 2008 approved the Board
of Directors' proposal for the 2007 annual report and accounts, including the
distribution of a dividend for 2007 of NOK 4.50 per share to registered
shareholders as at 30 April 2008, to be distributed as from 15 May 2008. The
shares in DnB NOR ASA will be quoted ex-dividend on 2 May 2008. 

The Annual General Meeting authorised the Board of Directors of DnB NOR ASA to
acquire own shares for a total face value of up to NOK 1,332,653,615,
corresponding to 10 per cent of share capital. The shares may be purchased
through the stock market. Each share may be purchased at a price between NOK 10
and NOK 150. The authorisation will be valid for a period of 12 months from 30
April 2008. Acquired shares shall be sold in accordance with regulations on the
reduction of capital. An agreement has been signed with the Ministry of Trade
and Industry for the redemption of a proportional share of government holdings
to ensure that the government's percentage ownership does not change as a
result of the redemption of repurchased shares. 

The General Meeting also endorsed the recommendation from the Board of
Directors and Supervisory Board and elected the auditing firm Ernst & Young AS
new auditor for DnB NOR ASA with effect from 2008. 

In addition, the General Meeting approved the Board of Directors' proposed
amendment to Article 6-1 of the Articles of Association to read as follows:
"The Election Committee shall consist of up to five members. The Chairman of
the Supervisory Board shall be a permanent member and will chair the Election
Committee. The other members shall be elected by the General Meeting for a term
of two years."