DNBNOR - DNB NOR HYPOTEK INCORPORATED IN DNB NOR BANK

On 31 May 2006, the Board of Directors of DnB NOR Hypotek AS approved the merger plan between DnB NOR Bank ASA as the acquiring company and DnB NOR Hypotek AS as the acquired company. The Board of Directors of DnB NOR Bank ASA approved the merger plan at a board meeting on 30 May 2006. Complete statement on www.newsweb.no On 31 May 2006, the Board of Directors of DnB NOR Hypotek AS approved the merger plan between DnB NOR Bank ASA as the acquiring company and DnB NOR Hypotek AS as the acquired company. The Board of Directors of DnB NOR Bank ASA approved the merger plan at a board meeting on 30 May 2006. According to the merger plan, the merger will be implemented pursuant to Section 13-24 of the Public Limited Companies Act, as a merger between a parent company and a wholly-owned subsidiary. The background for the transaction is DnB NOR`s desire to coordinate expertise on commercial property financing in the bank. http://www.newsweb.no/index.asp?melding_ID=129538