DnB NORD Bankas AB - Notification on material event

Regarding extraordinary general meeting of shareholders

On 16 March 2009 at 10.00 a.m. the extraordinary general meeting of
shareholders of 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)
(hereinafter - the “Bank”) shall be convened. The meeting is convened on the
initiative and by the resolution of the Management Board of the Bank. The
meeting shall take place at the registered office of the Bank, address
J.Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor. 

Agenda of the meeting:
1.Election of the member of the Supervisory Council of the Bank.

The accounting day of the Meeting shall be 6 March 2009.

The documents related to the agenda of the meeting will be available for the
shareholders of the Bank at the Investment Banking Department of the Bank at J.
Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393776) no later than 10 days
before the meeting. 

It is planned to propose to the extraordinary shareholders meeting to elect to
the Bank's six-member Supervisory Council Thomas Stephan Buerkle, who took the
post of the Chief Executive Officer of Denmark based DnB NORD financial group
on 2 February 2009. Before taking the job Thomas Stephan Buerkle (born 1953)
served as a general manager of Germany‘s Norddeutsche Landesbank Girozentrale
(NORD/LB) bank's branch in New York (USA). From September 2002 until the start
of 2006 Thomas Stephan Buerkle served as the President and the Chairman of the
Management Board of the Bank (then operating under AB Bankas NORD/LB Lietuva
name). Subject to the shareholders approval, on the Supervisory Council of the
Bank Thomas Stephan Buerkle would replace Sven Herlyn who will continue to work
in NORD/LB financial group. Thomas Stephan Buerkle has no shares of AB DnB NORD
Bankas. 


Andrius Vilkancas
press officer 
tel. +370 5  239 3413