(SRBANK) First day of listing - new share capital registered

The conversion of SpareBank 1 SR-Bank from an equity certificate bank into a public limited company (ASA) has been registered today in the Register of Business Enterprises. The new share capital laid down in the articles of association is NOK 4 987 241 725, made up of 199 489 669 shares, each with a face value of NOK 25. A new certificate of registration has been sent to the Oslo Stock Exchange.

Former equity certificate holders of SpareBank 1 SR-Bank have received 1 share as settlement for each equity certificate of SpareBank 1 SR-Bank they owned on the date of conversion. This represents a total of 127 313 361 shares.

The SR-Bank savings bank foundation has received shares corresponding to the ownership holding in SpareBank 1 SR-Bank represented by the primary capital. This represents a tot al of 72 176 308 shares.

Former equity certificate holders who have received 1 share per equity certificate on the day of conversion will have their shares registered on ISIN No. NO 001 0631567 with effect from 3 January 2012. Dealings in shares on the Oslo Stock Exchange today 2 January 2012 will be completed on ISIN No. NO 001 0631567, while in VPS the holding will be registered on ISIN No. NO 000 6000009. With effect from 3 January 2012, dealings in shares on the Oslo Stock Exchange and holdings in VPS will be registered on ISIN No. NO 001 0631567. Members of the stock exchange are therefore advised to perform a balance check against ISIN No. NO 000 6000009 today 2 January 2012.

With effect from 3 January 2012, SRBANK will be included in the OSEAX All-Share index and sector index OSE40 Financials/OSE4010 Banks.

Liquidity segment: Match.

Stavanger 2 January 2012

Contacts:
Inge Reinertsen, Chief Financial Officer, phone +47 909 95 033
Thor-Christian Haugland, Executive Vice President Communications, phone +47 480 31 633
Vidar Torsøe, Vice President Investor Relations, phone +47 970 80 656

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)