BOARD OF DIRECTORS OF DnB NOR ASA

At a meeting of the Supervisory Board on 17 June 2009, DnB NOR ASA re-elected the following members of the Board of Directors: Jørn O. Kvilhaug and Siri Pettersen Strandenes. Gunilla Berg was elected as a new board member. Sverre Finstad and Tor M. Norvold were re-elected as deputies by the employees. The term of office is up to two years. The Board of Directors now consists of the following members: Gunilla Berg, Sweden Per Hoffmann, Oslo (employee) Jørn O. Kvilhaug, Hokksund (employee) Bent Pedersen, Denmark Tore Olaf Rimmereid, Oslo Ingjerd Skjeldrum, Drammen (employee) Siri Pettersen Strandenes, Bergen Bjørn Sund, Lysaker Anne Carine Tanum, Rømskog and the following deputies elected by the employees: Sverre Finstad, Moelv Jorunn Løvås, Bergen Tor M. Norvold, Skedsmokorset