At the ordinary 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 is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) held on 23 March 2007 the shareholders adopted the following resolutions: 1. to approve the Bank group consolidated 2006 annual report; 2. to approve the financial statements of the Bank of 2006; 3. to approve the distribution of the profit (loss) of the Bank. To reduce the revaluation reserve of the fixed assets by the amount of LTL 44 thousand, which is ascribed to disposed of or fully depreciated fixed assets and transfer this amount to retained earnings. To transfer the Bank's 2006 net profit of LTL 56.218 million to the Bank‘s distributable profit of LTL 61.996 million. To use part of the distributable profit in the amount of LTL 3.1 million for compulsory deductions to mandatory reserve. To transfer the remaining amount of LTL 58.896 million in retained earnings to the next financial year. From the amount of LTL 116 532, which was accumulated as expenses for the year 2006, to pay tantiems to the members of the Supervisory Council of the Bank; 4. to elect UAB “PricewaterhouseCoopers” as an audit firm to perform audit of the Bank annual financial statements for the year 2007; 5. to approve the amendments to the Bylaws of the Bank regarding the increase of number of members of the Supervisory Council from 7 to 8. To establish that the amendments of the Bylaws of the Bank shall be submitted for the registration to the Register of Legal Entities, after the Bylaws of the Bank amended according to the resolution of the extraordinary general meeting of shareholders adopted on 11 December 2006 are registered with the Register of Legal Entities. To authorize the President of the Bank to sign the amended Bylaws of the Bank, according to the resolution regarding approval of the amendments to the Bylaws of the Bank adopted by the ordinary general meeting of shareholders of the Bank on 23 March 2007; 6. considering the fact that the members of the Supervisory Council Mr. Peter-Juergen Schmidt and Mr. Aasmund Skaar resigned from the office as of 23 March 2007, to elect Mr. Georg Christoph Schulz (born in 1960, the member of the Board of Directors of German bank “Norddeutsche Landesbank Girozentrale” (NORD/LB))and Mr. Jarle Mortensen (born in 1963, the executive vice-president of DnB NOR Bank ASA) to the Supervisory Council until expiry of the term of office of the current Supervisory Council. Taking into consideration the adopted resolution to amend the Bylaws of the Bank by increasing the number of the members of the Supervisory Council from 7 to 8, to elect Mr. Pal Skoe (born in 1950, the Division Manager of DnB NOR Bank ASA) to the Supervisory Council until expiry of the term of office of the current Supervisory Council. To establish that the newly elected members of the Supervisory Council shall start the office following the receipt of the permission from the Bank of Lithuania to become managers of the Bank. Furthermore, to establish that the newly elected member of the Supervisory Council Mr. Pal Skoe shall start the office as of the date of registration of the amended Bylaws of the Bank with the Register of Legal Entities. Andrius Vilkancas Press Officer tel. +370 5 239 3413