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SRBANK – CONTEMPLATED ISSUANCE OF 10NC5 TIER 2

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SpareBank 1 SR-Bank ASA considers an issue of a 10NC5 tier 2 FRN bond.  The proceeds will be minimum NOK 500 million. Arrangers are SpareBank 1 SR-Bank Markets and Danske Bank Markets. Contacts at SpareBank 1 SR-Bank ASA: Vidar Torsøe, Vice President Investor Relations, + 970 80 656Dag A. Hjelle, Head of Treasury, + 47 909 50 088 This information is subject of the disclosure requirements persuant to section 5-12 of the Norwegian Securities Trading Act.

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