DNBNOR - INVITATION TO PRESENTATION OF NEW INITIATIVE

DnB NOR hereby invites journalists, analysts and investors to a joint presentation of the Group`s new initiative, which includes the Baltic region today, Tuesday, 21 June 2005 at 11:00 am (CET) at DnB NOR`s head office, Stranden 21, Aker Brygge, Oslo. Representatives from group management in Norddeutsche Landesbank (NORD/LB) and DnB NOR will present the new initiative and answer questions. A conference call for international analysts and investors will be held at 2:00 pm (CET) today. Telephone numbers for participation: Norway: 800 80119, outside Norway: +47 230 00400. Ask for `DnB NOR presentation`. State your name and firm. For questions, press * followed by 1. The link to the webcast can be found on www.dnbnor.com. http://www.newsweb.no/index.asp?melding_ID=109833