DnB NORD Bankas AB - Notification on material event

Regarding credit rating

On 21 March 2011 Fitch Ratings agency affirmed the long-term issuer default
rating for 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, 
at ‘A' with stable outlook. The agency also affirmed AB DnB NORD Bankas
short-term IDR raiting at 'F1', individual rating at 'D/E' and support rating
at '1'. 

With Norway's financial group DnB NOR ASA becoming the sole shareholder of Bank
DnB NORD A/S, it has been decided that AB DnB NORD Bankas shall use the ratings
as assigned for DnB NOR Bank ASA. Fitch Ratings had set DnB NOR's  long-term
issuer default rating at “A+” with stable outlook. Going forward no separate
Fitch Ratings' ratings shall be set for AB DnB NORD Bankas. 




         Andrius Vilkancas
         press officer
         tel. +370 5 239 3413