OREANDA-NEWS. May 30, 2008. AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanaviciaus St. 26, Vilnius, data is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) informed that on 22 May 2008 the Securities Commission of the Republic of Lithuania approved a share issue prospectus (Statement of Approval No. 4R-9), which defines the terms and conditions of issue of new 395 316 ordinary registered shares of AB DnB NORD Bankas (the par value of one share is LTL 115, total par value is LTL 45 461 340, the issue price o fone share is LTL 370) for increase of the authorised capital of the Bank by additional contributions of shareholders, reported the press-centre of AB DnB NORD Bankas.

Pursuant to the share issue prospectus, the Bank offers the persons who were the shareholders of the Bank on 28 March 2008 to acquire the issued shares on the pre-emptive basis. The allotment of the share issue starts on the next business day after the publishing of the notice regarding the approval of the share issue prospectus and commencement of share allotment on the website of the Register of Legal Entities (www.registrucentras.lt) and in the daily Lietuvos rytas (i.e. on 29 May 2008). The allotment shall take 25 calendar days.

The first share allotment stage shall take 15 calendar days. During this stage the shares shall be allotted to the persons who were the shareholders of the Bank on 28 March 2008. The second stage will take 10 calendar days. During this stage the shareholders, who had concluded the share subscription agreements during the first stage, shall be entitled to submit applications for acquisition of the shares outstanding after the first stage.

A notice regarding the end of the first stage and commencement of the second stage shall be announced in the daily Lietuvos rytas 2 business days before the end of the first stage, submitted to the news agencies BNS and ELTA, published on the Bank's website (www.dnbnord.lt) and in the Vilnius Stock Exchange information system. Information about the amount of shares outstanding after the first stage shall be announced on the Bank's website (www.dnbnord.lt) and submitted to the news agencies BNS and ELTA before commencement of the second stage.

The issue price per share is LTL 370. The shares subscribed within the first and second stages of allotment are subject to payment in monetary contributions within 10 calendar days from the end of the second stage. The detailed terms and conditions of the share issue are provided in the share issue prospectus, which is accessible and a free copy of which is available at the Legal Unit of the Bank, J. Basanaviciaus St. 26, Vilnius, during business days from 9 a.m. till 11 p.m. and from 2 p.m. till 4 p.m. and on the Bank‘s website (www.dnbnord.lt). Telephone No. for more information: +370 5 239 3507, +370 5 239 3511.