DnB NORD Bankas AB - Notification on material event

Ramūnas Abazorius elected to the Management Board

The Supervisory Council of AB DnB NORD Bankas,company code 112029270, VAT payer
code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the
data about the company is collected and stored at the Register of Legal
Entities, has elected Ramūnas Abazorius (born 1973) as a member of the
Management Board of the Bank. He will start his office on 1 February 2010. 

In the six-member Management Board of AB DnB NORD Bankas R. Abazorius will be
responsible for accounting, accountability and controlling. In this position he
will replace Dr. Jekaterina Titarenko who was appointed as Chief Financial
Officer of Bank DnB NORD Group on 4 December 2009.

R. Abazorius has been working at the Bank since 1994. He worked as a manager of
the Assets and Liabilities Management and Credit Risk units and since 2004 was
appointed to the position of the manager of the Bank's Controlling Department.
R. Abazorius graduated from Vilnius University, he holds a master degree in
economics. 

R. Abazorius has two shares in AB DnB NORD Bankas.  

Andrius Vilkancas
press officer
tel. +370 5  239 3413