DNBNOR - REPURCHASE OF SHARES FROM SMALL-SCALE SHAREHOLDERS

On 22 June 2006, DnB NOR ASA presented 4 500 shareholders owning less than a round lot (100 shares) with an offer to sell their shares free of charge. At the end of the offer period, the offer had been accepted by 2,182 shareholders owning a total of 101,047 shares. Complete announcement on www.newsweb.no On 22 June 2006, DnB NOR ASA presented 4 500 shareholders owning less than a round lot (100 shares) with an offer to sell their shares free of charge. At the end of the offer period, the offer had been accepted by 2,182 shareholders owning a total of 101,047 shares. The price per share was set at NOK 77.75, which is the higher of the price at the start and the price at the end of the offer period. After the repurchase, DnB NOR ASA holds a total of 2,786,047 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. http://www.newsweb.no/index.asp?melding_ID=131925