The Board of Directors of DnB NOR ASA (DnB NOR) proposes terms for the rights issue – subscription price NOK 47.30 per ordinary share
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SINGAPORE, SOUTH AFRICA, SWITZERLAND, JAPAN OR HONG KONG The terms are subject to approval on the Extraordinary General Meeting to be held on 19 November 2009 at 10:00 (CET): - The share capital of DnB NOR will be increased by NOK 2,961,452,460 through an issue of 296,145,246 new shares. - The subscription price will be NOK 47.30 per share (this represents an implied discount to the Theoretical Ex-Rights Price of approximately 26.7 per cent). - Shareholders who are registered in the Company’s
