DNBNOR - DNB NOR TO SELL POSTBANKEN EIENDOMSMEGLING

Today, DnB NOR signed an agreement with Terra-Gruppen AS on http://www.newsweb.no/index.asp?melding_ID=94679 the sale of the real estate brokerage Postbanken Eiendomsmegling. Terra-Gruppen will take over the company with effect from 1 January 2005. Today, DnB NOR signed an agreement with Terra-Gruppen AS on the sale of the real estate brokerage Postbanken Eiendomsmegling. Terra-Gruppen will take over the company with effect from 1 January 2005. Through the sale of Postbanken Eiendomsmegling, DnB NOR will fulfil one more of the conditions set by the Norwegian Competition Authority in connection with the merger between DnB and Gjensidige NOR. The sale will have no significant impact on DnB NOR`s financial performance. Postbanken Eiendomsmegling includes the brand Aktiv Eiendomsmegling. Terra-Gruppen AS is owned by 82 local savings banks.

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DNB is Norway's largest financial services group and offers financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking and services related to the money and capital markets.

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