DNB Bankas AB - Notification on material event

The decisions of the sole shareholder of AB DNB Bankas

On 26 March 2013 the sole shareholder of AB DNB 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, Bankas (hereinafter - the “Bank”) Norway‘s DNB Bank
ASA: 

1. acknowledged the Bank‘s consolidated annual report and approved the set of
annual financial statements 
   - the separate and consolidated financial statements for the year ended 31
December 2012. 

2. approved distribution of the profit (loss) of the Bank. It was decided to
allocate the 2012 net result of 
LTL 88.43 million (EUR 25.61 million) to the distributable profit of the Bank
equal to LTL 92.09 million 
(EUR 26.67 million). LTL4.61 million (EUR 1.34 million) from the distributable
profit shall be allocated to 
the obligatory reserve. The remaining part of the retained earnings of LTL
87.49 million (EUR 25.34 
million) shall be transferred to the next financial year.

3. elected close stock company „Ernst & Young Baltic“ as an audit firm to
perform audit of the annual 
financial statements of the Bank for the year 2013 and authorized the president
of the Bank to establish 
the other terms and conditions of the agreement on auditing services with the
audit firm within  the 
remuneration amount set by the sole shareholder.

4. approved the following amendments to the Bylaws of the Bank:

4.1. the section 11.2 of the Bylaws of the Bank shall read as follows:

„11.2. The Credit Committee seeks to improve the overall quality of the credit
risk management in 
the Bank, to ensure objective evaluation of the credit risk in decision making
when this is related to 
a significant credit exposure and also performs other functions stipulated in
the regulations thereof.” 

4.2. the amendment to the section 11.3  of the Bylaws of the Bank shall read as
follows: 

“11.3. The Risk Management Committee seeks to ensure the efficiency of the
Bank's capital structuring, 
risk management and control, to optimize the structure of the Bank's assets,
liabilities and capital in 
view of the acceptable risk criteria and profitability, and also performs other
functions stipulated in the 
regulations thereof.”

Bjørnar Lund,  the president and the chairman of the Management Board of AB DNB
Bankas. 








         AB DNB Bankas press officer Andrius Vilkancas is authorised by the
Issuer to provide additional information on the material event, , tel. +370 5 
239 3413

Attachments:

2013 03 26 Confirmation of responsible persons EN.pdf

2013 03 26 IFRS FS EN_DNB_2012_audited EN.pdf