DNB has signed an agreement to sell its shares in Nets Holding A/S

DNB has signed an agreement to sell its shares in Nets Holding A/S to a consortium consisting of Advent International, ATP and Bain Capital. The cash consideration will increase the value of DNB’s holding by approximately NOK 900 million in the first quarter of 2014. The transaction is subject to approval by the authorities and is expected to be completed in the second quarter of 2014. Once the transaction has been completed, DNB’s Common Equity Tier 1 capital ratio (CET 1-ratio), calculated according to the transitional rules, will increase by approximately 0.1 percentage points. See the press release from Nets Holding A/S for more information.

For further information, please contact:
Thomas Midteide, Corporate Communications, tel. (+47) 96 23 20 17
Jan Erik Gjerland, Investor Relations, tel. (+47) 23 26 84 08