DnB NORD Bankas AB - Notification on material event

DnB NORD Bankas CEO Werner Schilli to take new position in NORD/LB

Werner Schilli, the president and the chairman of the management board of 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, accepted the offer to work as
director of Germany‘s Norddeutsche Landesbank (NORD/LB) and be a member of the
Management Board of Braunschweigische Landessparkasse (BLSK) responsible for
Retail Banking (Private Individuals and Small Enterprises). He will take the
position from November 1, 2010. 

Werner Schilli (born 1954) has served as the president and the chairman of the
management board of AB DnB NORD Bankas since December 2005 and has been a
member of the management board since 2002. Werner Schilli has no shares of AB
DnB NORD Bankas. 

Contact person:
Andrius Vilkancas
Press officer 
+370 5 2393 413