DNB Bank ASA

Transaction in Own Shares • Nov 1, 2019

DNB ASA - Share buy-back status after week 43 and 44

DNB ASA - Share buy-back status after week 43 and 44

During week 43 and 44 2019, DNB ASA has purchased 1 723 000 own shares at an

average price of NOK 168.37 per share. After this, DNB ASA owns a total of 1

723 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by

DNB ASA on 24 October 2019. The share buy-back programme comprises up to

approximately 7.9 million shares, of which up to approximately 5.2 million

shares may be repurchased in the open market. The rest will be redeemed from the

state of Norway on a proportionate basis, subject to approval from DNB ASA's

annual general meeting in 2020, so that its current ownership interest of 34.00%

will remain unaffected following completion of the buy-back programme.

For further information about the share buy-back programme, DNB ASA refers to

the Oslo Stock Exchange notification made on 24 October 2019 (available from

www.newsweb.no).

This information is subject to the disclosure requirements according to Section

5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Rune Helland, head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977

13 250

Vartika Sarna, tel. (+47) 90 26 10 05