FINAL DECISION ON CONVERSION OF SPAREBANK 1 SR-BANK TO A LIMITED SAVINGS BANK
In a meeting on 23 November 2011 the Supervisory Board of SpareBank 1 SR-Bank unanimously
adopted the Board's recommendation for converting the bank to a limited liability company
(ASA) and the formation of the Savings Bank Foundation SR-Bank, in accordance with the notice published in the stock exchange notification of 2 November 2011.
The corporate bodies in the converted SpareBank 1 SR-Bank ASA and the Savings Bank Foundation SR-Bank were assembled and selected in accordance with the recommendations of the nomination committee, published in the stock exchange notification of 2 November 2011. All selections come into effect from the expected date for execution of the conversion, 1 January 2012.
Stavanger, 23 November 2011
Contact persons:
Arne Austreid, Chief Executive Officer, telephone +47 900 77 334
Inge Reinertsen, Chief Financial Officer, telephone +47 909 95 033
Thor-Christian Haugland, Executive Vice President Communications, telephone +47 480 31 633
Vidar Torsøe, Vice President Investor Relations, telephone +47 970 80 656