Second quarter report 2007 DnB NOR Bank ASA

Financial highlights

Second quarter 2007
• Pre-tax operating profits before write-downs were up 21.2 per cent to NOK 3.5 billion (2.9)
• Profits were NOK 2.5 billion (2.4)
• Expenses were reduced to 48.9 per cent of income (51.8)
• Return on equity was 17.2 per cent (19.0)
• The core capital ratio was 7.3 per cent (7.2)

First half 2007
• Pre-tax operating profits before write-downs were up 12.5 per cent to NOK 6.9 billion (6.1)
• Profits were NOK 4.9 billion (4.9)
• Expenses were reduced to 49.2 per cent of income (50.1)
• Return on equity was 17.4 per cent (19.5)
• The core capital ratio was 7.3 per cent (7.2)