DNB Bankas AB - Notification on material event

Regarding the management board member

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, notifies that on 1 February 2012 Anne Birgitte
Prestholdt takes her office of member of the Bank's management board and
executive vice president  in charge of credit and financial risk management,
loan restructuring as well as special assets and asset valuation operations. In
the position she replaced the member of the Bank's management  board Fredrik
Johannes Borch. 

Prior to joining the AB DNB Bankas Anne Birgitte Prestholdt worked in Norway's
DNB Bank ASA retail divisions as the head of Risk and quality unit in
Akershus/Ostfold. During her 18 years carrier in DNB Bank ASA she built vivid
professional experience in retail and large corporate businesses as well as
special assets management. 

Anne Birgitte Prestholdt (born 1960) is a graduate of the Norwegian School of
Economics and Business Administration. 

Anne Birgitte Prestholdt  has no shareholdings in AB DNB Bankas



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



Press officer Andrius Vilkancas is authorised to provide additional information
on the material event tel. +370 5 239 3413