Unutilised holdings of eligible covered bonds

| Source: DnB NOR Bank ASA DnB NOR Bank ASA 

Reference is made to the Ministry of Finance's press release regarding new
measures to improve banks' liquidity and long-term funding opportunities. In
this connection, DnB NOR states that the Group currently has unutilised
holdings of eligible covered bonds totalling approximately NOK 30 billion.
There is an ongoing process in the Group that could increase these holdings to
NOK 90 billion during the next three to four months.