DnB NORD Bankas AB - Notification on material event

Regarding resignation of member of supervisory council

AB DnB NORD Bankas, company code 112029270, VAT payer's code LT120292716,
registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected
and stored at the Register of Legal Entities, (hereinafter “the Bank”) notifies
that the member of the Bank's Supervisory Council Mr. Cord Meyer has resigned
from his functions pursuant the transfer of Germany's NORD/LB 49 percent
shareholdings in Bank DnB NORD A/S group to Norway's DnB NOR Bank ASA that
became the sole ultimate shareholder of AB DnB NORD Bankas. Mr. Cord Meyer is
representative of NORD/LB bank. 




         Andrius Vilkancas
         press officer
         tel.+370 5 239 3413