OREANDA-NEWS. January 29, 2010. Considering resignation of Mr. Jarle Mortensen, Mr. Juergen Machalett and Mr. Andreas Fischelscher from the office of members of the Supervisory Council of AB DnB NORD Bankas (hereinafter - the “Bank”) as of 17 February 2010, at the extraordinary general meeting of shareholders (hereinafter – the “Meeting”) of the Bank to be held on 17 February 2010 at 10.00 a.m. at the registered office of the Bank, address J. Basanaviciaus St. 26, Vilnius, in the hall of the sixth floor, the shareholders will be offered to approve the following resolutions, reported the press-centre of DnB NORD Bankas:

1. Considering resignation of Mr. Viktoras Valentukevicius, Mr. Antanas Juozas Zabulis, Mr. Jarle Mortensen, Mr. Juergen Machalett and Mr. Andreas Fischelscher from the office of members of the Supervisory Council of the Bank, to elect Ms. Jekaterina Titarenko, Ms. Margrethe Melbye Gronn, Mr. Andris Ozolins and Mr. Cord Meyer to the Supervisory Council of the Bank until expiry of the term of office of the current Supervisory Council.

2. To establish that the newly elected members of the Supervisory Council Ms. Margrethe Melbye Gronn, Mr. Andris Ozolins and Mr. Cord Meyer will start the office following the receipt of the permissions from the Bank of Lithuania to become managers of the Bank.

3. To amend the wording of Article 7.1 of Chapter VII of the Bylaws of AB DnB NORD Bankas as follows:

“7.1. The Supervisory Council of the Bank shall be a collegial supervisory body supervising the operation of the Bank. The Chairman of the Supervisory Council shall be in charge of the Supervisory Council. The General Meeting shall elect 7 Members of the Supervisory Council. At such election, every shareholder shall have the number of votes equal to the number of the votes granted by his/her shares multiplied by the number of the Supervisory Council Members to be elected. These votes shall be cast, at the shareholders’ sole discretion, for one or for several candidates.

The candidates who receive the greatest number of votes shall be elected. Should the number of the candidates who have received an equal number of votes be greater than the number of the vacancies on the Supervisory Council, a repeat voting shall be held, and in such voting each shareholder shall vote only for one of the candidates who have received the equal number of votes. The Supervisory Council shall be elected for the period of four years.”

4. To authorize the President of the Bank to sign the amended Bylaws of the Bank.

The accounting day of the Meeting shall be 8 February 2010.

Overall number of shares of the Bank as of the day of convocation of the Meeting shall be 5 710 134 ordinary registered shares. Number of shares providing vote in the Meeting as of the day of convocation of the Meeting shall be 5 710 134.

The documents related to the convening and agenda of the Meeting, draft resolutions on each agenda issue, documents to be submitted to the Meeting, voting ballot form and other information related to exercising of the shareholder's rights are available for the shareholders at the head office of the Bank at J.Basanaviciaus St. 26, Vilnius, (tel. +370 5 2393 748), during business hours and on the Bank's website http://www.dnbnord.lt.