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GJEB: Decision capital changes

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Reference is made to the disclosure dated 18 December 2018 regarding proposed capital changes. The Board's proposals were adopted by the Extraordinary General Meeting 18 December 2018.
Of the NOK 95,000,000 capital issue, NOK 94,124,000 will be allocated to premium reserve.
Article 3 in the Articles of Association will be changed to: "The Company's share capital is NOK 979,368,000 divided into 876,000 shares, each with par value NOK 1,118. The shares shall be registered in a securities register."

This information is subject to disclosure under Oslo Stock Exchange's ABM rules.

Contact person, Gjensidige Bank ASA:
Head of Treasury: Tor Egil Nedrebø, Tel: +47 406 25 367
Head of Investor Relations: Mitra Hagen Negård, Tel: +47 957 93 631