DNBNOR - REPURCHASE OF SHARES

On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. Complete statement on www.newsweb.no On 29 June 2006, DnB NOR ASA purchased 500 000 own shares through the stock market at an average price of NOK 75,50 per share in order to achieve an optimal level of equity in the Group. After the repurchase, DnB NOR ASA holds a total of 2 135 000 own shares. The purchase is in accordance with the decision made at the Annual General Meeting in DnB NOR ASA on 25 April 2006 to renew the Board of Directors` authorisation for the repurchase of shares. Acquired shares shall be sold in accordance with regulations on the reduction of capital. An agreement has been signed with the Ministry of Trade and Industry, DnB NOR ASA`s largest shareholder, for the redemption of a proportional share of government holdings to ensure that the government`s percentage ownership does not change as a result of the redemption of repurchased shares.