Regarding a permission to include retained earnings to Tier I capital


On 6 November 2008 the Board of the Bank of Lithuania extended a permission
to AB DnB NORD Bankas Bankas (company code 112029270, VAT payer code
LT120292716, registered office at J. Basanavičiaus St.26, Vilnius, the data is
collected and stored at the Register of Legal Entities) to include 90 percent
of the retained audited profit of the first half of the current year into
the Tier I capital of AB DnB NORD Bankas and the AB DnB NORD Bankas' group. 

In the first six months of 2008 AB DnB NORD Bankas earned an audited net profit
of LTL 68.6 million (EUR 19.9 million). AB DnB NORD Bankas group earned an 
audited net profit of LTL 68.7 million (EUR 19.9 million) in the first six
months of 2008. 

The inclusion of the current year's audited retained earnings will strengthen
the capital of AB DnB NORD Bankas and shall facilitate implementation of
operating plans and maintain higher than required capital adequacy ratio by the
bank and the group. 

Andrius Vilkancas
Press Officer 
tel. +370 5  239 3413