Preliminary result for the first six months of 2010


According to preliminary un-audited data AB DnB NORD 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, earned a pre-tax operating profit before provisions of LTL 70.4
million (EUR 20.4 million) in the first six months of 2010, however taking into
account the impact of sluggish domestic demand and depressed labor market on
individual and corporate customers, the bank continued to pursue a conservative
customer risk valuation and set aside LTL 200,0 million (EUR 57.9 million) in
provisions in the first half of 2010. As a result AB DnB NORD Bankas recorded
LTL 129.6 million (EUR 37.5 million) pre-tax losses for the first six months of
2010. 

In the same period of 2009 AB DnB NORD Bankas recorded LTL 165.6 million
(EUR 47.96 million) pre-tax losses after setting aside LTL 294.6 million ( EUR
85.3 million) for special provisions. 

AB DnB NORD Bankas results are calculated in accordance to International
Financial Reporting Standards. 

Andrius Vilkancas
Press Officer
tel. +370 5 239 3413