DNBNOR - BOARD OF DIRECTORS IN DNB NOR BANK ASA

At a meeting of the Supervisory Board on 14 June 2005, DnB NOR Bank ASA reelected the following members of the Board of Directors: Per Hoffmann, Olav Hytta, Sten Sture Larre and Torill Rambjør. Heidi M. Petersen was elected new board member, while Bjørn Davidsen was reelected as a deputy. Olav Hytta was reelected board chairman and Bent Pedersen was reelected vice-chairman. The term of office is up to two years. At a meeting of the Supervisory Board on 14 June 2005, DnB NOR Bank ASA reelected the following members of the Board of Directors: Per Hoffmann, Olav Hytta, Sten Sture Larre and Torill Rambjør. Heidi M. Petersen was elected new board member, while Bjørn Davidsen was reelected as a deputy. Olav Hytta was reelected board chairman and Bent Pedersen was reelected vice-chairman. The term of office is up to two years. The Board of Directors now consists of the following members: Per Hoffmann, Oslo (employee) Olav Hytta, Oslo (chairman) Sten Sture Larre, Oslo Bent Pedersen, Danmark (vice-chairman) Heidi M. Petersen, Sandefjord Torill Rambjør, Tjøme Ingjerd Skjeldrum, Drammen (employee) Marit Wiig, Oslo Svein Aaser, Drøbak and the following deputies elected by employees: Bjørn Davidsen, Oslo Sverre Finstad, Moelv