DNB Bank ASA

Share Issue/Capital Change • Jul 12, 2019

Capital reduction completed

Capital reduction completed

In accordance with the purpose of the buy-back programmes carried out by DNB ASA

between the annual general meetings in 2018 and 2019, the company's annual

general meeting held on 30 April 2019 decided to reduce the company's share

capital of NOK 240 655 030, from NOK 16 043 668 880 to NOK 15 803 013 850, by

deletion or redemption of a total of 24 065 503 shares.

The capital reduction was filed with the Norwegian Register of Business

Enterprises on 14 May 2019. The following 6 week creditor notice period has now

expired, and the capital reduction has been completed in accordance with the

resolution from the annual general meeting.

The new share capital of DNB ASA is NOK 15 803 013 850 divided into 1 580 301

385 shares of NOK 10.00 each.

For further information, please contact:

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.