DNB Bank ASA — Earnings Release 2011

Jul 12, 2011

Preliminary result for the first six months of 2011

Preliminary result for the first six 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 36.2 million (EUR 10.5 million) net profit in the first
six months of 2011.

In the first six months of 2010 AB DnB NORD Bankas financial result was LTL
129.6 million (EUR 37.5 million) net loss.

Bjørnar Lund,

The president and the chairman of the Management Board of AB DnB NORD Bankas

12 July 2011.

     To provide additional information regarding the material event is

authorized AB DnB NORD Bankas press officer Andrius Vilkancas, tel. +370 5 239
3413