DnB NORD Bankas AB - Notification on material event

Amendment to by-laws registered

This is to notify that on 11 November 2011 the amendments to the by-laws of AB
DnB NORD Bankas, company code 112029270, VAT payer's code LT120292716, with its
registered office at J. Basanavičiaus g. 26, Vilnius, the data about the
company is collected and stored in the Register of Legal Entities (hereinafter
referred to as the “Bank”), have been registered at  the Register of Legal
Entities of the Republic of Lithuania which state that the Bank‘s name is AB
DNB Bankas. 

Upon the change of the Bank's name, the registered address of the Bank, its
legal status, legal entity code and the register where the data about the
company is collected and stored as well as VAT payer's code will remain the
same. Account numbers will also remain unchanged, all concluded agreements will
continue to be in effect. Payment cards will remain  valid and all services
will be provided in regular manner. 

Starting 11 November 2011 banks that are part of Norway's largest financial
services group in 19 countries world-wide, including Lithuania, will start
operating under one DNB brand name. The new name of the Bank - AB DNB Bankas -
reflects that its sole shareholder is Norway's DNB Bank ASA  (DnB NOR  Bank ASA
before 11 November 2011). 

Bjørnar Lund,

CEO and the chairman of the Management Board of the Bank






         Press Officer Andrius Vilkancas is authorised to provide additional
information on the material event, tel. +370 5  239 3413