DNB Bank ASA

DNB adjusts interest rates on home mortgages

The Norwegian central bank, Norges Bank, yesterday raised the key policy rate by

0.25 percentage points. DNB has today decided to increase the interest rate on

home mortgages by up to 0.25 percentage points.

"Norges Bank's key policy rate increase marks the end of an historical period

with zero interest rates. We are approaching normality. Our home mortgage

customers will still have a very low interest rate after this adjustment," says

Ingjerd Blekeli Spiten, Group Executive Vice President for Personal Banking in

DNB.

All customers whose interest rates are adjusted, will be given information in

the Internet bank or receive a letter by regular post, explaining how their home

mortgage will be affected. The new interest rates will be effective from 28

September for new customers, and from 12 November for existing customers.

For further information:

Vibeke Hansen Lewin, EVP Communications, tel. (+47) 990 13 349

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00/(+47)

977?13?250

This information is subject to the disclosure requirements according to Section

5-12 of the Norwegian Securities Trading Act.

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