DnB NORD Bankas AB - Notification on material event

Regarding the change of the name

This is to notify that on 19 September 2011 DnB NOR Bank ASA, company code
984851006MVA, with its registered office at Aker Brygge, N-0021 Oslo, Norway,
the sole shareholder of  AB DnB NORD Bankas, company code 112029270, VAT payer
code LT120292716, with its registered office at J. Basanavičiaus g. 26,
Vilnius, the data about the company is collected and stored in the Register of
Legal Entities (hereinafter referred to as the “Bank”), decided to change the
name of the Bank to AB DNB Bankas and approve the respective amendments to the
Bylaws of the Bank. 

The name of the Bank shall be changed upon receipt of the permit by the Bank of
Lithuania and registration of the respective amendments to the Bylaws of the
Bank in the Register of Legal Entities of the Republic of Lithuania, i.e. in
effect from 11 November 2011. 

The new name will clearly reflect the Bank's shareholders‘ structure and
emphasize that all the banks, being the members of the Norway's largest
financial group in 19 countries worldwide shall consistently foster finacial
services culture that creates value to customers and partners. 

Upon change of the Bank's name the customer account numbers will remain the
same, all concluded agreements will continue to be in effect, payment cards and
all services will be provided in the usual manner. The registered address of
the Bank, its legal status, legal entity code and the register where the data
about the company is collected and stored as well as VAT payer code shall also
remain unchanged. 

Bjørnar Lund,

the president and the chairman of the Mangement Boar of AB DnB NORD Bankas




         To provide additional information on the material event is authorized
press officer of AB DnB NORD Bankas Andrius Vilkancas, tel. +370 5  239 3413