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DNB Bank ASA Director's Dealing 2015

May 22, 2015

3579_dirs_2015-05-22_1dd29b96-42f4-4797-86f5-6ff4fce81177.html

Director's Dealing

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Trade subject to notification

On 29 April 2015, the Board of Directors of DNB ASA decided to once again offer

employees in DNB ASA shares with a discount of NOK 1,500.

The shares were allotted today, 22 May 2015, at a gross price of NOK 137.2972

per share.

Attached is a list of the primary insiders that availed themselves of the offer.

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.