The Board of Directors of DnB NOR ASA (DnB NOR) proposes the following terms for the rights issue - New number of shares: 296 145 246 - Subscription price: NOK 47.30 - Ex-date: 20 November 2009 - 2 subscription rights for each 9 existing shares. 1 subscription right allocates 1 new share. The terms are subject to approval on the Extraordinary General Meeting today at 10:00 CET. A new exchange notice will be published after close tonight. For further information, please see the attached document.