Bank Norwegian AS, rated BBB (neg outlook) by S&P, has mandated DNB Markets and Nordea as Joint Lead Managers to arrange a series of fixed income investor meetings in the Nordics, commencing 3 December 2019. One or more senior preferred bond issues in NOK and/or SEK with tenors from 2 to 4 years will follow, subject to market conditions.

In conjunction with the potential bond issues, the company will consider buy backs of bonds maturing in 2020 and 2021.

Contact persons:

Pål Svenkerud, CFO, tel: +47 93 40 39 04

Mats Benserud, Head of Treasury, tel: +47 95 89 15 39

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act