DnB NORD Bankas AB - Notification on material event

Regarding changes in the Supervisory Council

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716,
registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected
and stored at the Register of Legal Entities, notifies that on 28 February 2011
the chairman of the Supervisory Council Thomas Stephan Buerkle and the member
of the Supervisory Council Andris Ozolins resign from these positions. By the
decision of the sole shareholder of AB DnB NORD Bankas - Bank DnB NORD A/S,
Terje Turnes, Head of the Baltic and Poland Division of Norway‘s DnB NOR A/S
bank is elected to the Supervisory Council of the Bank from 1 March 2011 until
expiry of the term of office of the current Supervisory Council. 


Terje Turnes (born 1963) has been working at DnB NOR bank since 1989. Prior to
taking the job of the Head of Baltic and Poland Division, he was the head of
DnB NOR's office in London. Terje Turnes holds diplomas in economics,
administration and marketing. 


Terje Turnes, Thomas Stepan Buerkle and Andris Ozolins have no shares in AB DnB
NORD Bankas. 




         Andrius Vilkancas
         Press officer
         tel. +370 5 239 3413