DnB NORD Bankas AB - Notification on material event

Audited result for full year 2007

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) (hereinafter - the “Bank”) 
earned an audited net profit of LTL 107.88 million (EUR 31.24 million) in full
year 2007 calculated in accordance to International financial reporting
standards. AB DnB NORD Bankas group earned an audited net profit of LTL 106.92
million (EUR 30.97 million) in full year 2007 calculated in accordance to
International financial reporting standards. 
   The audited AB DnB NORD Bankas net profit for full year 2007 is LTL 2.67
million (EUR 0.77 million)  higher compared to previously reported unaudited
result of LTL 105.2 million (EUR 30.47 million) due to changed accounting
principle of profit from index linked bonds - day-one profit being recognized
through the lifetime of bonds. 
    For 2008 AB DnB NORD Bankas group plans to earn a net profit about a fifth
higher compared to 2007 result, the estimate based on an assumption that the
Lithuanian banking and financial markets will not be exposed to any substantial
positive or negative changes. 


Andrius Vilkancas
Press Officer
tel. +370 5  239 3413