Gisele Marchand is the new President and CEO of Eksportfinans


The Council of Representatives of Eksportfinans ASA today announced that Gisele
Marchand will be the next President and CEO of Eksportfinans. She will succeed
Tor F. Johansen, who retires at the end of the year. 

Gisele Marchand is currently Managing Director of the Norwegian Public Service
Pension Fund, a position she has had since 2003. She was Managing Director of
the Bates Group AS in the period 2000 - 2002. Prior to that, she had different
management positions in Den norske Bank (currently DnB NOR Bank) for a period
of 12 years. Upon leaving the bank she was Group Director of Retail Banking.
She has a business degree from Copenhagen Business School, and supplementary
studies from France. 

Erik Borgen, Chairman of the Board of Eksportfinans, says in a comment that the
Board is very pleased with the choice of Gisele Marchand as the new President
and CEO. He thinks that Gisele Marchand's experience and background will
contribute positively to the future development of the Eksportfinans Group. He
emphasizes that she is known as a motivating and enthusiastic leader with a
broad background from finance and the public sector. 

Eksportfinans is owned by 26 banks operating in Norway, and the State of
Norway. Its purpose is to offer competitive, long term financing to the
Norwegian export sector. The subsidiary Kommunekreditt Norge AS provides loans
to the municipal sector in Norway and public projects. Eksportfinans has a very
high creditworthiness, and finances its activity through issuance of bonds in
the global capital markets. At the end of the first quarter 2007 the Group
total assets were NOK 178 billion. 

Contact persons:

Chairman of the Board Erik Borgen, phone +65 97 51 55 86 (Singapore time), mail
erik.borgen@dnbnor.no	 

Head of Communication Elise Lindbæk, phone +47 90 51 82 50, mail
el@eksportfinans.no