DNB Bank ASA — Earnings Release 2010

Feb 10, 2011

Preliminary 2010 result

Preliminary 2010 result

According to preliminary unaudited data calculated in accordance to
International financial reporting standards, the consolidated net loss of AB
DnB NORD Bankas group, 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, was LTL 113.1 million (EUR 32.8
million) in full year 2010. Net loss of AB DnB NORD Bankas was LTL 122.6
million (EUR 35.5 million) within the period. In the fourth quarter of 2010 AB
DnB NORD Bankas group eraned a net profit of LTL 35.1 million (EUR 10.2 million
) while AB DnB NORD Bankas‘ net profit was LTL 14 .9 million (EUR 4.3 million).

In full year 2009 consolidated net loss of AB DnB NORD Bankas‘ group was LTL
406.9 million (EUR 117.8 million) ant the net result of AB DnB NORD Bankas was
LTL 402.6 million (EUR 116.6 million). In the fourth quarter of 2009 net loss
of AB DnB NORD Bankas group was LTL 154.9 million ( EUR 44.9 million) and AB
DnB NORD Bankas‘ net loss was LTL 165.4 million (EUR 47.9 million).

     Andrius Vilkancas
     Press Officer
     tel. +370 5  239 3413