DNB Bank ASA — Earnings Release 2011

Oct 27, 2011

Preliminary result for the first nine months of 2011

Preliminary result for the first nine months of 2011

According to preliminary unaudited data calculated in accordance to
International financial reporting standards, AB DnB NORD Bankas, company code
112029270, VAT payer‘s code LT120292716, registered office at J. Basanavičiaus
St. 26, Vilnius, the data is collected and stored at the Register of Legal
Entities earned LTL 64.3 million (EUR 18.6 million) net profit in the first
nine months of 2011.

In the first nine months of 2010 AB DnB NORD Bankas financial result was LTL
137.5 million (EUR 39.8 million) net loss.

Bjørnar Lund
President and the chairman of the Management Board of AB DnB NORD Bankas

     Press Officer Andrius Vilkancas is authorised by the Issuer to provide

additional information on the material event, tel. +370 5 239 3413