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Regulatory press release

DNB: DNB increases interest rates on home mortgages and deposits

DNB Bank
"On the basis of Norges Banks's decision at the monetary policy meeting on 17
August to raise the key policy rate by 0.25 percentage points, DNB has decided
to increase the interest rate on home mortgages and deposits by up to 0.25
percentage points," says Ingjerd Blekeli Spiten, head of Personal Banking in
DNB.

In DNB, we want to help young people enter the housing market, and customers who
are buying their first home will therefore be given our best floating interest
rate of 5.04 per cent. The interest rate for deposits in the BSU home savings
scheme for young people will be 6.10 per cent.

We have also strengthened our advisory services targeting this customer group.

All customers whose interest rates are adjusted will be given information in the
online bank or recieve a letter by post, explaining how this will affect them.
The new interest rates will apply from 22 August for new mortgages and deposits,
and from 22 October for existing mortgages and deposits.

For further information:

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71
32 50

Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.:
(+47) 97 51 67 07
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