Trade subject to notification

On 16 March 2016, the Board of Directors of DNB ASA decided to once again offer employees in DNB ASA shares with a discount of NOK 1,500.

The shares were allotted today, 20 May 2016, at a gross price of NOK 99.5856 per share.

Attached is a list of the primary insiders that availed themselves of the offer.

For further information, please contact:

Rune Helland, Head of Investor Relations, +47 23 26 84 00
Thomas Midteide, Head of Corporate Communications, +47 96 23 20 17
Øystein L. Indrevær, Company Secretary, +47 99 00 79 94

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.