DnB NORD Bankas AB - Notification on material event

Regarding the start of placement of new ordinary share issue

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716,
registered office  at J. Basanavičiaus St. 26, Vilnius, data is collected and
stored at the Register of Legal Entities, (hereinafter - the “Bank”) hereby
informs that on 4 June starts placement of new 571 014 ordinary registered
shares of AB DnB NORD Bankas by additional contribution of shareholders. The
issue price of each newly issued share with par value of LTL 115 is LTL 125.
The nominal value of the total share issue is  LTL 65,666,610 and total issue
price is LTL 71,376,750. Pursuant to the share issue prospectus approved by the
Securities Commission of the Republic of Lithuania on 28 May 2009  (Statement
of Approval No. 4R-11), the Bank offers the persons who were the shareholders
of the Bank on 14 April 2009 to acquire the issued shares on the pre-emptive
basis. 

The placement shall take 25 calendar days in two stages. The first share
placement stage shall take 15 calendar days. During this stage the shares shall
be offered to the persons who were the shareholders of the Bank on 14 April
2009. The second stage will take 10 calendar days. During this stage the
shareholders, who had concluded the share subscription agreements during the
first stage, shall be entitled to submit applications for acquisition of the
shares outstanding after the first stage. A notice regarding the end of the
first stage and commencement of the second stage shall be announced in the
daily Lietuvos rytas 2 business days before the end of the first stage,
submitted to the news agencies BNS and ELTA, published on the Bank's website
(www.dnbnord.lt) and in the NASDAQ OMX Vilnius Stock Exchange information
system. Information about the amount of shares outstanding after the first
stage shall be announced on the Bank's website (www.dnbnord.lt) and submitted
to the news agencies BNS and ELTA before commencement of the second stage. 

The shares subscribed within the first and second stages of placenebt are
subject to payment in monetary contributions within 10 calendar days from the
end of the second stage. The detailed terms and conditions of the share issue
are provided in the share issue prospectus, which is accessible and a free copy
of which is available at the Legal Unit of the Bank, J. Basanavičiaus St. 26,
Vilnius, during business days from 9 a.m. till 11 a.m. and from 2 p.m. till 4
p.m. and on the Bank‘s website (www.dnbnord.lt).  Telephone No. for more
information: (8-5) 239 3507, (8-5) 239 3511. 

Andrius Vilkancas
atstovas spaudai
+370 5 2393 413

Attachments:

prospektas 2009-05-28.pdf

propekto pazyma 2009-05-28.pdf