DNBNOR - DNB NOR IN FINAL ROUND OF NEGOTIATIONS WITH NORWAY POST

DnB NOR ASA and Norway Post (Posten Norge AS) are in the final round of negotiations on the distribution of Postbanken`s services, following Norway Post`s decision to put banking services out to tender in November of last year. Norway Post is now negotiating exclusively with DnB NOR, aiming to reach an agreement during the first half of the year. The current agreement expires on 31 December 2005. A new contract will mean that Postbanken will continue to distribute financial services through Norway Post`s sales network from 2006.