BOARD OF DIRECTORS IN DNB NOR BANK ASA

At a meeting of the Supervisory Board on 19 June 2007, DnB NOR Bank ASA re-elected the following members of the Board of Directors: Olav Hytta, Torill Rambjør and Per Hoffmann. Tore Olaf Rimmereid was elected new board member. Sverre Finstad was re-elected as deputy. Olav Hytta was reelected board chairman. Complete statement on www.newsweb.no At a meeting of the Supervisory Board on 19 June 2007, DnB NOR Bank ASA re-elected the following members of the Board of Directors: Olav Hytta, Torill Rambjør and Per Hoffmann. Tore Olaf Rimmereid was elected new board member. Sverre Finstad was re-elected as deputy. Olav Hytta was reelected board chairman. The term of office is one year for chairman Olav Hytta and up to two years for the other members. The Board of Directors now consists of the following members: Per Hoffmann, Oslo (employee) Olav Hytta, Oslo (chairman) Kari Lotsberg, Skien Bent Pedersen, Denmark Torill Rambjør, Tjøme Tore Olaf Rimmereid, Oslo Ingjerd Skjeldrum, Drammen (employee) and the following deputies elected by the employees: Sverre Finstad, Moelv Jorunn Løvås, Bergen http://www.newsweb.no/index.jsp?messageId=154612