OREANDA-NEWS. March 04, 2008. AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanaviciaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) earned an audited net profit of LTL 107,88 million (EUR 31,24 million) in full year 2007 calculated in accordance to International financial reporting standards, reported the press-centre of AB DnB NORD Bankas.

AB DnB NORD Bankas group earned an audited net profit of LTL 106,92 million (EUR 30,97 million) in full year 2007 calculated in accordance to International financial reporting standards.

The audited AB DnB NORD Bankas net profit for full year 2007 is LTL 2,67 million (EUR 0,77 million) higher compared to previously reported unaudited result of LTL 105,2 million (EUR 30,47 million) due to changed accounting principle of profit from index linked bonds - day-one profit being recognized through the lifetime of bonds.

For 2008 AB DnB NORD Bankas group plans to earn a net profit about a fifth higher compared to 2007 result, the estimate based on an assumption that the Lithuanian banking and financial markets will not be exposed to any substantial positive or negative changes.