SpareBank 1 SR-Bank ASA : Resolution to increase share capital

The general meeting of SpareBank 1 SR-Bank ASA has in a meeting on 9 May 2012 passed a resolution to increase share capital in line with the Board's proposal, made public in a stock exchange notification 17 April and 9 May 2012.

The general meeting adopted the Board's proposal for terms for the rights issue and employee issue. The shares will be traded excluding the right to receive subscription rights as of 10 May 2012.

The Board's proposal for terms is described in a stock exchange notification of 9 May 2012. For full information, please refer to the attached minutes and the prospectus for the rights issue and employee issue, which is expected to be published today 10 May 2012.
 
Stavanger, 10 May 2012
 

Contact persons:
Inge Reinertsen, Chief Financial Officer, tel. +47 909 95 033
Thor-Christian Haugland, Executive Vice President Communications, tel. +47 480 31 633
Vidar Torsøe, Vice President Investor Relations, tel. 970 80 656

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About Us

SpareBank 1 SR-Bank is Norway’s second largest savings bank and operates in the Rogaland, Agder and Hordaland markets. We provide financial products and services, including loans and deposits, mutual funds and asset management, insurance and pension savings, payment and financing services, real estate brokerage and services related to the money and capital market. The head office is in Stavanger.

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