DnB NORD Bankas AB - Notification on material event

Dr. J.Titarenko appointed as Chief Financial Officer of Bank DnB NORD Group.

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, notifies
that on 24 November 2009, the member of the Management Board and Executive
Vice-president of AB DnB NORD Bankas dr. Jekaterina Titarenko has been
appointed as Chief Financial Officer of Bank DnB NORD Group. She will also be a
member of Bank DnB NORD Group Executive Committee. Following the appointment
that comes into effect from 4 December 2009, dr Jekaterina Titarenko will
resign from her position of member of the Management Board and Executive
Vice-president of AB DnB NORD Bankas in Lithuania. 

Dr. Jekaterina Titarenko has been working in AB DnB NORD Bankas since 2003.
Before joining AB DnB NORD Bankas Management Board in 2007, she was the Head of
AB DnB NORD Bankas Financial Risk Department. Jekaterina Titarenko is a Doctor
of Social Sciences. Prior to joining AB DnB NORD Bankas, she spent seven years
working in the Credit Institutions Supervision Department of the Bank of
Lithuania. 

Andrius Vilkancas
Press Officer 
tel. +370 5 239 3413