DNB NORD bank RSS feeds - Essential events

An application submitted for a note issue listing

Tue, 13 Jul 2010 00:00:00 +0300

On 13 July 2010, AB DnB NORD Bankas submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 15,000,000 par value notes on the stock exchange's Bond List. This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 medium-term notes' issue program No 4R-16.

Key characteristics of the issue:

ISIN code	LT0000405052
Notes type	Fixed rate notes
Interest rate	5.00 pct (annual)
Duration	5 years
Issue size	150,000 units
Par value	LTL 100
Total nominal value	LTL 15,000,000
Maturity date	07 May, 2015

Preliminary result for the first six months of 2010

Fri, 09 Jul 2010 00:00:00 +0300

According to preliminary un-audited data AB DnB NORD Bankas earned a pre-tax operating profit before provisions of LTL 70.4 million (EUR 20.4 million) in the first six months of 2010, however taking into account the impact of sluggish domestic demand and depressed labor market on individual and corporate customers, the bank continued to pursue a conservative customer risk valuation and set aside LTL 200,0 million (EUR 57.9 million) in provisions in the first half of 2010. As a result AB DnB NORD Bankas recorded LTL 129.6 million (EUR 37.5 million) pre-tax losses for the first six months of 2010.

In the same period of 2009 AB DnB NORD Bankas recorded LTL 165.6 million (EUR 47.96 million) pre-tax losses after setting aside LTL 294.6 million ( EUR 85.3 million) for special provisions.

AB DnB NORD Bankas results are calculated in accordance to International Financial Reporting Standards.

Commodity Exporter Equity linked notes issue No 1-LV placement results

Wed, 16 Jun 2010 00:00:00 +0300

On 11 June 2010 AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT1000430082
Type	Commodity Exporter Equity linked notes issue No 1-LV
Underlying Financial Instrument	Underlying Financial Instrument consists of equities indices as follows: Russian Depositary Index, iShares MSCI Brazil Index Fund, S&P/Toronto Stock Exchange Composite Index, S&P/Australian Stock Exchange 200 Index.
Number of securities	3,900
Par	100 EUR
Aggregate nominal value	390 000 EUR
Participation	100 pct.
Interest rate commencement	2010-06-14
Redemption	2013-06-14
Listing	This note issue will not be listed.

AB DnB NORD Bankas group and bank interim condensed financial statements for the first quarter of 2010

Fri, 28 May 2010 00:00:00 +0300

AB DnB NORD Bankas presents unaudited group and bank interim condensed financial statements for the first quarter of 2010 prepared in accordance with International Financial Reporting Standards and confirmed bythe management.

Interim confirmation of responsible persons

Interim condensed financial information

AB DnB NORD Bank Launches New Fixed Rate Notes Issue

Mon, 24 May 2010 00:00:00 +0300

On the 24th of May 2010, AB DnB NORD Bankas launches a new 3-year fixed interest rate notes issue No 05/2013, with the annual interest rate of 4.10%. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and may be subscribed from the 24th of May, 2010 until the 28th of May, 2010. The notes shall be redeemed on the 28th of May, 2013.

Final Terms

AB DnB NORD Bankas Redeems World Equity Linked Notes Issue No 20, Oil Prices Linked Notes Issue No 2 and Asian Countries Equities Linked Notes Issue No 1

Mon, 10 May 2010 00:00:00 +0300

On May 10, 2010, AB DnB NORD Bankas redeems World Equity Linked Notes Issue No 20 (ISIN code LT0000403800), Oil Prices Linked Notes Issue No 2 (ISIN code LT0000403735) and Asian countries equities linked notes issue No 1 (ISIN code LT1000403792). The issues were placed under AB DnB NORD Bankas 500,000,000 Litas Medium – Term Note Programme Base Prospectus approved by the Securities Commission on January 11, 2007 (Certificate of Approval No 4R-1).

Note issue No 5/2015 placement results

Thu, 06 May 2010 00:00:00 +0300

On 5 May 2010 AB DnB NORD Bankas, completed placement of the following corporate notes' issue:

ISIN	LT0000405052
Type	Fixed Interest Notes Issue No 05/2015
Number of securities	150 000
Par	100 LTL
Aggregate nominal value	15 000 000 LTL
Effective Date	05 May 2010
Redemption	07 May 2015
Listing	The Issuer shall apply for admission to trading of this tranche on AB “NASDAQ OMX Vilnius” Stock Exchange Bond List

AB DnB NORD Bank Launches New Fixed Rate Notes Issue

Tue, 04 May 2010 00:00:00 +0300

On the 4^th of May 2010, AB DnB NORD Bankas launches a new 5-year fixed interest rate notes issue No 05/2015, with the annual interest rate of 5.00%. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and may be subscribed from the 4^th of May, 2010 until the 5^th of May, 2010. The notes shall be redeemed on the 7^th of May, 2015.

Final Terms

Asian equities linked notes' issue No 6 placement result

Tue, 04 May 2010 00:00:00 +0300

On 30 April 2010, AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT0000430993
Type	Asian Equities linked notes' issue No 6
Underlying Financial Instrument	Underlying Financial Instrument consists of Asian equities' indices as follows: KOSPI 200 Index, Hang Seng China Enterprises Index, MSCI Taiwan Index.
Number of securities	50 828
Par	100 LTL
Aggregate nominal value	5 082 800 LTL
Participation	100 pct.
Interest rate commencement	2010-05-04
Redemption	2013-05-06
Listing	This note issue will not be listed.

Preliminary result for the first quarter of 2010

Thu, 29 Apr 2010 00:00:00 +0300

According to preliminary unaudited data AB DnB NORD Bankas earned a pre-tax operating profit before provisions of LTL 33.2 million (EUR 9.6 million) in the first three months of 2010. Taking into account constrains in domestic consumption and still depressed labour market as well as evaluating the fact that the economic downturn typically affects the quality of the loan portfolio with a time lag, the bank continued to pursue a conservative customer risk valuation approach and set aside LTL 86.3 million (EUR 25.0 million) in provisions in the first quarter of the year. As a result AB DnB NORD Bankas recorded LTL 53.1 million ( EUR 15.4 million) net loss for the first quarter of the year. To ensure further balanced performance, AB DnB NORD Bankas‘ reserve capital was increased by LTL 69.1 million (EUR 20 million) in the first quarter of the year. Due to proper risk management AB DnB NORD Bankas met all prudential requirements of the Bank of Lithuania.

In the fourth quarter of 2009 AB DnB NORD Bankas‘ net loss was LTL 165.4 million (EUR 48.0 million) after making LTL 194 ( EUR 56.2 million) in special provisions.

AB DnB NORD Bankas results are calculated in accordance to International Financial Accounting Standards.

Note issue No 41 LV placement results

Tue, 13 Apr 2010 00:00:00 +0300

On 13 April 2010, AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT1000430066
Type	World equity linked notes issue No 41-LV
Index	Index basket comprising: 50 pct. Hang Seng index, 30 pct. S&P 500 index, 20 pct. Dow Jones EURO STOXX 50 index.
Number of securities	10 000
Par	100 EUR
Aggregate nominal value	1 000 000 EUR
Participation	125 pct.
Interest rate commencement	2010-04-14
Redemption	2013-04-15
Listing	This note issue will not be listed

An application submitted for a note issue listing

Wed, 07 Apr 2010 00:00:00 +0300

On 7 April 2010 AB DnB NORD Bankas submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 15,000,000 par value note issue on the exchange's Bond List.

This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 notes' issue program.

Key characteristics of the issue:

ISIN code	LT0000402489
Notes type	Zero coupon notes
Discount rate	3.55 pct. (annual)
Duration	2 years
Issue size	150 000 units
Par value	LTL 100
Total nominal value	LTL 15,000,000
Maturity date	05.03.2012

Placement results of note issues No 39 LV and No 40 LV

Fri, 02 Apr 2010 00:00:00 +0300

On March 31, 2010 AB DnB NORD Bankas completed placement of the following corporate note issues:

ISIN	LT1000430033
Type	World equity linked notes issue No 39LV
Index	Index basket comprising: 50 % Hang Seng index, 30 % S&P 500 index, 20 % Dow Jones EURO STOXX 50 index.
Number of securities	3,903
Par	100 EUR
Aggregate nominal value	390 300 EUR
Participation	45 pct.
Interest rate commencement	2010-04-01
Redemption	2013-04-02
Listing	This note issue will not be listed.

ISIN	LT1000430041
Type	World equity linked notes issue No 40LV
Index	Index basket comprising: 50 % Hang Seng index, 30 % S&P 500 index, 20 % Dow Jones EURO STOXX 50 index.
Number of securities	2,567
Par	100 EUR
Aggregate nominal value	256 700 EUR
Participation	120 pct.
Interest rate commencement	2010-04-01
Redemption	2013-04-02
Listing	This note issue will not be listed.

Regarding resolutions of the shareholder and re-election of management for a new term

Fri, 19 Mar 2010 00:00:00 +0200

On 18 March 2010 the sole shareholder of AB DnB NORD Bankas (hereinafter - the “Bank”) Bank DnB NORD A/S decided:

1. to acknowledge of 2009 Consolidated Annual Report of the Bank;
2. to approve separate and consolidated financial statements of the Bank of 2009;
3. to distribute the profit (loss) of the Bank. It was decided to transfer the amount of LTL 208.3 million (EUR 60.3 million) from the Bank's mandatory reserve and reserve capital to cover the Bank's distributable loss. It was also decided to transfer the amount of LTL 127.1 million (EUR 36.8 million) in retained loss to the next financial year;
4. to elect close stock company „Ernst & Young Baltic“ as an audit firm to perform audit of the annual financial statements of the Bank for the year 2010 and to authorize the president of the Bank to establish the other terms and conditions of the Agreement on auditing services with audit firm according to the approved by the sole shareholder remuneration amount;
5. to re-elect to the Supervisory Council for the new four-year term of office:
5.1. Thomas Stephan Buerkle;
5.2. Jekaterina Titarenko;
5.3. Margrethe Melbye Gronn;
5.4. Andris Ozolinš;
5.5. Cord Friedrich Konrad Meyer;
5.6. Torstein Hagen;
5.7. Tony Samuelsen.

On 18 March 2010 the Supervisory Council of the Bank elected Thomas Stephan Buerkle as the chairman and Torstein Hagen as the vice-chairman of the Bank's Supervisory Council. The Supervisory Council also re-elected the six-member Management Board of the Bank, i.e. Werner Heinz Schilli, dr. Vygintas Bubnys, Ramūnas Abazorius, Gundars Andžans, Fredrik Johannes Borch and Šarūnas Nedzinskas to a new four-year-term in office.

It the meeting of the Bank's Management Board held on 18 March 2010, Werner Heinz Schilli was re-elected as the chairman of the Mangement Board and as the president of the Bank. Dr. Vygintas Bubnys was re-elected as the vice-chairman of the Management Board. Dr. Vygintas Bubnys, Ramūnas Abazorius, Gundars Andžans, Fredrik Johannes Borch, Šarūnas Nedzinskas were also appointed as executive vice-presidents of the Bank.

Consolidated annual report

Audited 2009 financial statements

Fri, 19 Mar 2010 00:00:00 +0200

AB DnB NORD Bankas (hereinafter the „Bank“) presents 2009 financial statements that include audited separate and consolidated financial statements prepared in accordance with International Financial Reporting Standards and consolidated annual report assessed by the auditors.

The documents were approved by the Bank‘s sole shareholder - Bank DnB NORD AS on 18 March 2010. Due to decreased deferred tax asset amount that was changed after reviewing assumptions for its recognition, the approved Bank‘s net loss of LTL 402.6 million (EUR 116,6 million) for the full year 2009 differs from the preliminary net loss of LTL 382.6 million (EUR 110.8 million) reported on 11 February 2010. The approved LTL 431.4 milion (EUR 124.9 million ) pre-tax loss of the Bank for the full year 2009 is unchanged from the previously reported preliminary data.

Consolidated annual report

AB DnB NORD bank launches new equity linked note issue

Mon, 15 Mar 2010 00:00:00 +0200

On 15th March 2010, AB DnB NORD Bankas launches 3-year Asian equities linked note issue No 6 denominated in Litas.
Issue is placed under EUR 300.000.000 medium-term notes program.
Notes shall be subscribed from 15th March until 30th April (including), 2010. The notes shall be redeemed on 6th May, 2013.

Final Terms

Fitch Ratings revises AB DnB NORD Bankas outlook to stable, affirms ratings

Tue, 09 Mar 2010 00:00:00 +0200

On 8 March 2010 Fitch Ratings revised the outlook of AB DnB NORD Bankas to stable from negative and affirmed AB DnB NORD Bankas long-term issuer's default rating at "A", short term issuer's default rating at "F1", individual rating at "D/E" and the support rating at "1".

Placement result of note issue No 03/2012

Fri, 05 Mar 2010 00:00:00 +0200

On 5 March 2010 AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT0000402489
Type	Zero Coupon Notes' Issue No 03/2012
Number of securities	150 000
Par	100 LTL
Aggregate nominal value	15 000 000 LTL
Placement completed	4 March 2010
Redemption	5 March 2012
Listing	The Issuer shall apply for admission to trade this tranche on AB NASDAQ OMX Vilnius Stock Exchange's Bond List.

AB DnB NORD Bank Launches New Zero Coupon Notes Issue

Wed, 03 Mar 2010 00:00:00 +0200

On the 3rd of March 2010, AB DnB NORD Bankas launches a new 2-year zero coupon notes issue No 03/2012, with the annual yield of 3.55%. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and may be subscribed on the 3rd of March, 2010 only. The notes will be redeemed on the 5th of March, 2012.

Final Terms

Amendments to the by-laws registered

Fri, 26 Feb 2010 00:00:00 +0200

On 25 February 2010 the amended Bylaws of AB DnB NORD Bankas (hereinafter - the “Bank”) were registered with the Register of Legal Entities. The amended Bylaws of the Bank provide that Supervisory council of the Bank shall be comprised of seven members.

The amended wording of Article 7.1 of Chapter VII of the Bylaws of AB DnB NORD Bankas is 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.”

The Bylaws of the Bank were amended in line with the resolution of the sole shareholder Bank DnB NORD A/S as of 17 February 2010.

AB DnB NORD Bankas group and bank interim condensed 2009 financial statements

Thu, 25 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas the data is collected and stored at the Register of Legal Entities, presents unaudited group and bank interim condensed 2009 financial statements prepared in accordance with International Financial Reporting Standards and confirmed by the management.

Confirmation of responsible persons

Interim condensed financial information

Note issue No PO 1/2010 placement results

Thu, 18 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas completed placement of the corporate note issue with aggregate nominal value of EUR 14.520.800. Details of placement are listed below:

ISIN	LT1000360065
Type	Zero coupon note issue No PO 1/2010
Issue type	Private
Number of securities	145.208
Par	EUR 100
Aggregate nominal value	EUR 14.520.800
Placement completed	2010-02-09
Interest rate commencement	2010-02-09
Redemption	2010-05-10
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	February 10, 2010 resolution of the board No 8
Listing	This note issue shall not be listed

Resolutions of the extraordinary general meeting of shareholders

Wed, 17 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas (hereinafter - the “Bank”) notifies that the extraordinary general meeting of shareholders (hereinafter - the “Meeting”) of the Bank held on 17 February 2010 approved all draft resolutions, i.e. it was resolved to elect dr. Jekaterina Titarenko, Margrethe Melbye Gronn, Andris Ozolinš and Cord Friedrich Konrad Meyer to the Supervisory Council of the Bank. It was also resolved to reduce the number of members of the Supervisory Council to seven from eight amending the wording of article 7.1 of chapter VII of the Bank's Bylaws accordingly.

It was established that Margrethe Melbye Gronn, Andris Ozolinš and Cord Friedrich Konrad Meyer will start their office of members of the Supervisory Council after they are granted permits of Bank of Lithuania to become managers of the Bank.

Dr. Jekaterina Titarenko, Margrethe Melbye Gronn, Andris Ozolinš are representatives of Bank DnB NORD A/S and Cord Friedrich Konrad Meyer will represent NORD/LB bank in the Supervisory Council.

The newly elected members of the Supervisory Council replaced Jarle Mortensen, Juergen Machalett and Andreas Fischelscher who resigned from their positions on 17 February 2010.

Preliminary unaudited results for full year 2009

Thu, 11 Feb 2010 00:00:00 +0200

In the severe economic environment characterized by a sharp decline of the country's gross domestic product, increased number of corporate bankruptcies that negatively affected labor market and disposable household incomes, AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities earned a pre-tax operating profit before provisions of LTL 253.3 million (EUR 73.4 million) in full year 2009, according to preliminary data calculated in accordance to International Financial Reporting Standards. With customer risks remaining high throughout the year, AB DnB NORD Bankas pursued conservative risk valuation policy and set aside LTL 684.7 million (EUR 198.3 million) in special provisions in 2009. As a result AB DnB NORD Bankas recorded a LTL 382.6 million (EUR 110.8 million) net loss in full year 2009.

AB DnB NORD Bankas pre-tax operating profit before provisions was LTL 179 million (EUR 51,8 million) in 2008 and its net profit was LTL 70.7 million (EUR 20.5 million) in that period.

To ensure balanced performance of the bank in the adverse economic environment, AB DnB NORD Bankas share capital has been increased to LTL 656.7 million (EUR 190.2 million) and the bank's largest shareholder Bank DnB NORD A/S invested LTL 189.9 million (EUR 55 million) to the bank's reserve capital in 2009. AB DnB NORD Bankas met all prudential requirements of Bank of Lithuania and maintained sound capital and liquidity positions throughout 2009.

“With customer risks remaining high due to severe economic contraction we concentrated on credit risk management establishing the structures and processes needed to minimize the risks and intense credit monitoring and restructuring efforts brought about some stabilization in the bank's mortgage credit and leasing portfolios. The focus on operating efficiency through streamlining measures, strict cost control and the ability to exploit emerging business opportunities in the recession-stricken economy helped us to sustain growing income trend that eased the negative impact of the increased risk costs on the full year 2009 result. I am particularly pleased that our efforts to continue building up long-term relationships resulted in sustained growth of number of the individual and corporate customers who increasingly choose us as their home bank,” said Werner Schilli, president and the chairman of the management board of AB DnB NORD Bankas.

Supported by particularly strong commission income from intermediation in trading with securities and derivatives and foreign currency, AB DnB NORD Bankas total income rose 15.9 percent year-on-year to LTL 431.4 million (EUR 124.9 million) in 2009. Through streamlining measures the bank's operating expenses were reduced 10.0 percent year-on-year to LTL 161.0 (EUR 46.4 million) million. The constant focus on operating efficiency and productivity resulted in a cost/income ratio of 38.9 percent,the bank's best ever so far.

In 2009 AB DnB NORD Bankas signed LTL 969 million (EUR 280.6 million) worth of new loan agreements, however with credit demand declining and a smaller number of projects that met credit risk criteria in the adverse economic environment, the bank's individual customer net loan portfolio decreased 7.0 percent year-on-year to LTL 4.8 billion (EUR 1.4 billion) while the net loan portfolio to legal entities decreased 9.6 percent year-on-year to LTL 5.5 billion (EUR 1.6 billion).

Customers' savings and investments at AB DnB NORD Bankas stood at LTL 4.2 billion (EUR 1.2 billion) as at the end of December 2009, of which issued debt securities amounted to LTL 0.8 billion ( EUR 0.23 billion) and customers' deposits made LTL 3.4 (EUR 0.98 billion) billion as the Bank offered an attractive investment option to institutional and private investors placing fixed rate one year government bonds worth LTL 1.11 billion (EUR 322.4 million) at par on the secondary market during the year.

The number of AB DnB NORD Bankas customers rose by 47 thousand in 2009 and the bank provided comprehensive range of financial services to 671 thousand individual and corporate customers as at the end of December. To ensure appropriate service level AB DnB NORD Bankas measured the fulfillment of its Customer Service and Sales Standards and the delivery of the newly introduced Financial Guide client promise with the latest Mystery Shopping Survey carried out in December 2009 recording the bank achieved its best result so far also topping the strategic target for the year.

Squeeze-out procedure completed

Tue, 02 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas notifies that after the account managers have implemented the decision of the Second District Court of Vilnius City dated 17 December 2009 regarding the transfer of ownership rights to 4,371 shares of AB DnB NORD Bankas to Bank DnB NORD A/S, Bank DnB NORD A/S completed the squeeze-out procedure of AB DnB NORD Bankas shares on 1 February 2010 and became the sole shareholder of AB DnB NORD Bankas having 100 percent ownership of shares and votes in AB DnB NORD Bankas.

Draft resolutions of the extraordinary general meeting of shareholders

Wed, 27 Jan 2010 00:00:00 +0200

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. Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor, the shareholders will be offered to approve the following resolutions:

1. Considering resignation of Mr. Viktoras Valentukevičius, 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.Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393 748), during business hours and on the Bank's website http://www.dnbnord.lt.

Voting ballot

Ramūnas Abazorius elected to the Management Board

Tue, 26 Jan 2010 00:00:00 +0200

The Supervisory Council of AB DnB NORD Bankas has elected Ramūnas Abazorius (born 1973) as a member of the Management Board of the Bank. He will start his office on 1 February 2010.

In the six-member Management Board of AB DnB NORD Bankas R. Abazorius will be responsible for accounting, accountability and controlling. In this position he will replace Dr. Jekaterina Titarenko who was appointed as Chief Financial Officer of Bank DnB NORD Group on 4 December 2009.

R. Abazorius has been working at the Bank since 1994. He worked as a manager of the Assets and Liabilities Management and Credit Risk units and since 2004 was appointed to the position of the manager of the Bank's Controlling Department.
R. Abazorius graduated from Vilnius University, he holds a master degree in economics.

R. Abazorius has two shares in AB DnB NORD Bankas.

Regarding convocation of extraordinary general meeting of shareholders

Fri, 15 Jan 2010 00:00:00 +0200

On 17 February 2010 at 10.00 a.m. the extraordinary 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 about the company is collected and stored at the Register of Legal Entities,(hereinafter - the „Meeting“, the “Bank”) shall be convened.

The Meeting is convened on the initiative and by the resolution of the Management Board of the Bank. The Meeting shall take place at the registered office of the Bank, address J. Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor. The persons who were shareholders of the Bank at the end of the Meeting accounting day shall have the right to participate in the Meeting.

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

The agenda of the Meeting:
1. election of the members of the Supervisory Council;
2. approval of the amendments of the Bylaws of the Bank.

The Bank shall not provide the possibility to participate and vote in the Meeting through electronic communication channels.

Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing to supplement the agenda of the Meeting by providing the Meeting draft resolution on each additionally proposed issue or, in case no resolution is required - the shareholder's explanation. The proposal to supplement the agenda shall be submitted through electronic communication channels (e-mail: andrius.vilkancas@dnbnord.lt) or in writing by sending it to the below indicated Bank‘s Head Office address by registered mail or handed against signature. The agenda is supplemented with the issue proposed by the shareholder in case the proposal is received in the Bank no later than 14 days before the Meeting.

Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing draft resolutions on the issues already included or to be included in the agenda of the Meeting, extra candidates to members of the Bank's managerial body any time until the Meeting day. The proposed draft resolutions shall be submitted through electronic communication channels (e-mail: andrius.vilkancas@dnbnord.lt) or in writing by sending it to the below indicated Bank‘s Head Office address by registered mail or handed against signature. The shareholders shall also be entitled to propose draft resolutions on the Meeting agenda issues in writing during the Meeting.

The shareholders shall have the right to submit questions related to the Meeting agenda issues in advance to the Bank through electronic communication channels (e-mail: andrius.vilkancas@dnbnord.lt) no later than 3 business days until the Meeting.

Each shareholder (or his/her authorised person) attending the Meeting and having the voting right shall submit an identity document. Each shareholder shall also have the right to authorise another person (natural or legal) to participate and vote in the Meeting on his/her behalf following the procedure established by the laws. The representative shall have the same rights in the Meeting as would the represented shareholder unless the representative's rights are limited by the power of attorney or by the laws. Before commencing registration of the Meeting the authorised person must submit the power of attorney approved following the procedure set by the laws. The power of attorney issued abroad must be translated into the Lithuanian language and legalised following the procedure set by the laws.

Each shareholder shall also have the right to authorise another person (natural or legal) to participate and vote in the Meeting on his/her behalf through electronic communication channels. The power of attorney issued through electronic communication channels must be confirmed by the shareholder by a safe electronic signature developed by safe signature equipment and approved by a qualified certificate effective in the Republic of Lithuania. The shareholder shall inform the Bank on the power of attorney issued through electronic communication channels by e-mail to zygimantas.stankevicius@dnbnord.lt no later than 2 business days before the meeting. The power of attorney and notification shall be issued in writing in the Lithuanian or English language. The shareholder‘s notification shall be presented along with signature verification software or a website address for free download thereof.

Each shareholder or representative thereof shall have the right to cast his/her vote in advance in writing by filling in a ballot paper. The ballot paper shall be announced in the Bank's below indicated website no later than 21 days before the Meeting. Upon the shareholder‘s request, the Bank no later than 10 days before the Meeting shall send a ballot paper by registered mail free of charge or hand it in person against signature. The ballot paper filled shall be signed by the shareholder or his/her representative. In case the ballot paper is signed by the shareholder‘s authorised representative, such person along with the filled ballot paper shall submit the document to confirm the voting right corresponding to the requirements set by the laws. The ballot paper filled and the document confirming the voting right (if required) shall be submitted in a written form to the Bank's below indicated head office address by registered mail or by handing against signature no later than on the last business day before the Meeting.

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 will be available for the shareholders at the head office of the Bank at J.Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393 748), during business hours and on the Bank's website www.dnbnord.lt.

Regarding the decision to establish the fact of juridical significance

Fri, 18 Dec 2009 00:00:00 +0200

AB DnB NORD Bankas notifies that on 17 December 2009 the Second District Court of Vilnius City satisfied the application of Bank DnB NORD A/S to establish the fact of juridical significance regarding the transfer of ownership rights to 4 371 shares of AB DnB NORD Bankas to Bank DnB NORD A/S.

Placement results of Asian equities linked note issues No 4 and No 5

Thu, 17 Dec 2009 00:00:00 +0200

On December 16, 2009 AB DnB NORD Bankas completed placement of the following corporate note issues:

ISIN	LT1000430009
Type	Asian Equities linked notes issue No 4
Underlying Financial Instrument	Underlying Financial Instrument consists of Asian equities indices as follows: KOSPI 200 Index, Hang Seng China Enterprises Index, MSCI Taiwan Index.
Number of securities	2,018
Par	100 EUR
Aggregate nominal value	201,800 EUR
Participation	100 pct.
Interest rate commencement	2009-12-18
Redemption	2012-12-19
Listing	This note issue will not be listed.

ISIN	LT0000430910
Type	Asian Equities linked notes issue No 5
Underlying Financial Instrument	Underlying Financial Instrument consists of Asian equities indices as follows: KOSPI 200 Index, Hang Seng China Enterprises Index, MSCI Taiwan Index.
Number of securities	42,673
Par	100 LTL
Aggregate nominal value	4,267,300 LTL
Participation	100 pct.
Interest rate commencement	2009-12-18
Redemption	2012-12-19
Listing	This note issue will not be listed.

Regarding the increase of the reserve capital

Tue, 15 Dec 2009 00:00:00 +0200

AB DnB NORD Bankas notifies that the Bank's reserve capital was raised by EUR 30 million (LTL 103.6 million). The Bank's reserve capital was increased by monetary contribution of the Bank's largest shareholder Bank DnB NORD A/S and aimed at further consistent strengthening of the Bank's capital base.

DnB NORD Bankas successfully co-leads Societe Generale note placement

Mon, 30 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas, Lithuania‘s leading investment service provider, together with Societe Generale Corporate and Investment Bank, successfully placed French bank Societe Generale Latvian Lat denominated notes. This 15 mln. Lat tranche is the biggest non-government Lat denominated bond issue this year.

During the placement, demand for these one year 13.5% notes exceeded the supply by 40%.

„We are pleased that Societe Generale has mandated DnB NORD Bank that has strong presence in the Baltic debt markets to co-lead its note issue.“, said Andrius Načajus, head of Investment Banking at DnB NORD Bankas.

AB DnB NORD Bankas will provide secondary liquidity for these notes.

This year AB DnB NORD Bankas, together with Citi, HSBC, RBS and CrediSuisse, has co-led 500 mln EUR and 1.5 bln USD international placements of Lithuanian Government bonds. The bank has also solely underwrote 12 euro denominated and three Estonian kroon denominated tranches of Lithuanian Government notes with total nominal value of 270 mln. EUR.

AB DnB NORD Bank has issued 108 tranches of equity linked notes, 13 of which has been placed in Latvia. Bank‘s debt instruments are being traded on Vilnius and Riga stock exchanges.

AB DnB NORD bank launches new equity linked note issues

Mon, 30 Nov 2009 00:00:00 +0200

On 30th November 2009, AB DnB NORD Bankas launches 3-year Asian equities linked note issue No 4 denominated in EUR and 3-year Asian equities linked note issue No 5 denominated in Litas.

Issues are placed under EUR 300.000.000 medium-term notes program.

Notes shall be subscribed from 30th November until 16th December (including), 2009. The notes shall be redeemed on 19th December, 2012.

Final Terms of the issue No 4

Final Terms of the issue No 5

AB DnB NORD Bankas group and bank interim condensed financial information for nine months of 2009

Fri, 27 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas presents unaudited group and bank interim condensed financial information for the first three quarters of 2009 prepared in accordance with International Financial Reporting Standards and confirmed by the management.

Attachments:

interim condensed financial information 30 09 2009 ifrs eng.pdf
ab dnb nord bankas interim confirmation of responsible persons eng 30 09 2009.pdf

Dr. J.Titarenko appointed as Chief Financial Officer of Bank DnB NORD Group

Tue, 24 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas, notifies that on 24 November 2009, the member of the Management Board and Executive Vice-president of AB DnB NORD Bankas dr. Jekaterina Titarenko has been appointed as Chief Financial Officer of Bank DnB NORD Group. She will also be a member of Bank DnB NORD Group Executive Committee. Following the appointment that comes into effect from 4 December 2009, dr Jekaterina Titarenko will resign from her position of member of the Management Board and Executive Vice-president of AB DnB NORD Bankas in Lithuania.

Dr. Jekaterina Titarenko has been working in AB DnB NORD Bankas since 2003. Before joining AB DnB NORD Bankas Management Board in 2007, she was the Head of AB DnB NORD Bankas Financial Risk Department. Jekaterina Titarenko is a Doctor of Social Sciences. Prior to joining AB DnB NORD Bankas, she spent seven years working in the Credit Institutions Supervision Department of the Bank of Lithuania.

Regarding changes on AB DnB NORD Bankas Supervisory Council

Mon, 23 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas,company notifies that members of AB DnB NORD Bankas Supervisory Council Antanas Juozas Zabulis and Viktoras Valentukevičius have resigned from their duties of members of the Supervisory Council of AB DnB NORD Bankas from 23 November 2009 due to the intended optimization of structure of AB DnB NORD Bankas Supervisory Council.

Andrius Vilkancas
Press Officer
tel. +370 5 239 3413

Placement results of world equity linked note issues No 37 and No 38

Thu, 12 Nov 2009 00:00:00 +0200

On 9 November 2009 AB DnB NORD Bankas completed placement of the following corporate note issues:

ISIN	LT0000430878
Type	World equity linked notes' issue No 37
Index	Index basket comprising: 25 proc. Dow Jones EURO STOXX 50, 25 proc. Nikkei 225 Stock Average, 25 proc. Hang Seng, 25 proc. S&P 500.
Number of securities	1,120
Par	100 LTL
Aggregate nominal value	112,000 LTL
Participation	180 pct.
Interest rate commencement	2009-11-11
Redemption	2012-11-12
Listing	This note issue will not be listed.

ISIN	LT1000403972
Type	World equity linked notes'issue No 38
Index	Index basket comprising: 25 proc. Dow Jones EURO STOXX 50, 25 proc. Nikkei 225 Stock Average, 25 proc. Hang Seng, 25 proc. S&P 500.
Number of securities	2,267
Par	100 EUR
Aggregate nominal value	226 700 EUR
Participation	65 pct.
Interest rate commencement	2009-11-11
Redemption	2012-11-12
Listing	This note issue will not be listed.

An application submitted for a note issue listing

Wed, 28 Oct 2009 00:00:00 +0200

On 27 October 2009, submitted an application to NASDAQ OMX Riga for listing of LVL 12,281,000 par value notes' issue on the the NASDAQ OMX Riga Bond List.

This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 medium-term notes'programme No 4R-16.

Key characteristics of the issue:

ISIN code	LV0000800811
Notes type	Zero coupon notes
Discount rate	14.70 pct. (annual)
Duration	6 months
Issue size	12,281 units
Par value	LVL 1,000
Total nominal value	LVL 12,281,000
Maturity date	23.04.2010

Placement results of zero coupon notes' issue No 4/2009

Mon, 26 Oct 2009 00:00:00 +0200

On 22 October 2009 AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LV0000800811
Type	Zero coupon notes' issue No 4/2009
Number of securities	12 281
Par	1000 LVL
Aggregate nominal value	12 281 000 LVL
Effective date	23 October 2009
Redemption	23 April 2010
Listing	The Issuer shall apply for admission to trading of this tranche on AB NASDAQ OMX Riga Stock Exchange Bond List

AB DnB NORD bank launches new note issue

Mon, 19 Oct 2009 00:00:00 +0300

On 19th of October 2009, Bankas launches a new zero coupon notes issue No 4/2009. The issue is placed under EUR 300.000.000 Medium-term Note Programme registered with the Securities Commission of the Republic Lithuania on the 1st of October, 2009.
Notes shall be subscribed from 12:00 a.m. 19th of October, 2009 to 4:00 p.m. 22nd of October, 2009. The notes will be redeemed on 23rd of April, 2010.

Final terms

Note issue No 35-LV and No 36-LV placement results

Fri, 16 Oct 2009 00:00:00 +0300

On 15 October 2009, AB DnB NORD Bankas completed placements of two corporate note issues, both issued within the framework of the Base Prospectus of EUR 300,000,000 Medium-Term Notes Program of AB DnB NORD Bankas (registration No 4R-16).

Details of placement:

ISIN	LV0000800795
Type	World equity linked notes issue No 35-LV
Index	Index basket comprising:
	25 pct. Dow Jones EURO STOXX 50
	25 pct. Nikkei 225 Stock Average
	25 pct. Hang Seng
	25 pct. S&P 500
Number of securities	2836
Par	100 EUR
Aggregate nominal value	283600 EUR
Participation	40%
Interest rate commencement	19-10-2009
Redemption	22-10-2012
Listing	Issue will not be listed

ISIN	LV0000800803
Type	World equity linked notes issue No 36-LV
Index	Index basket comprising:
	25 pct. Dow Jones EURO STOXX 50
	25 pct. Nikkei 225 Stock Average
	25 pct. Hang Seng
	25 pct. S&P 500
Number of securities	7452
Par	100 EUR
Aggregate nominal value	745200 EUR
Participation	70%
Interest rate commencement	19-10-2009
Redemption	22-10-2012
Listing	Issue will not be listed

DnB NORD Bankas starts placement of two new equity linked note issues

Mon, 12 Oct 2009 00:00:00 +0300

On 12 October, AB DnB NORD Bankas, a leader of Lithuania’s structured investment product market, starts placement of two new issues of 3-year Litas and Euro-denominated notes their returns linked to stock indices of the world’s most advanced economies. The notes are intended for a wide range of investors seeking for yields similar to those of stocks without a risk to loose the invested principal amount.

Returns of both newly issued AB DnB NORD Bankas note issues will be linked to Europe’s Dow Jones EURO STOXX 50, Japan’s NIKKEI 225 Stock Average, Hong Kong and China’s Hang Seng and US S&P 500 - each index equally represented in the portfolio.

AB DnB NORD Bankas has set 180 percent participation rate for the newly issued Litas-denominated notes, whereas for Euro-denominated securities the participation rate has been set at 60 percent. The rate defines what percentage of the calculated equity index gain is to be received by the holder of the securities.

The notes shall mature on 12 November 2012. As the markets may rise or fall AB DnB NORD Bankas extends guarantees that at the maturity the principal investment amount will be repaid to the note holder, shall the calculated index portfolio value falls below the initial. The notes can be sold prior to maturity at market prices.

Customers will be offered to purchase the new AB DnB NORD Bankas notes until 9 November (inclusive). The minimum investment amount has been set at LTL 3,000 and EUR 900.

AB DnB NORD Bankas notes are placed according to Base Prospectus of EUR 300,000,000 Medium-Term Note Programme.

AB DnB NORD Bankas is a universal commercial bank that provides comprehensive range of banking services to individual and corporate customers. The bank is part of Denmark-based DnB NORD banking group which was established by the Norway’s largest bank DnB NOR ASA and North Germany’s largest bank Norddeutsche Landesbank Girozentrale (NORD/LB).

AB DnB NORD Bankas to launch new equity linked note issues

Thu, 08 Oct 2009 00:00:00 +0300

On 12th of October 2009, AB DnB NORD Bankas will launch 3-year World equity linked note issue No 37 denominated in Litas and 3-year World equity linked note issue No 38 denominated in EUR.
Issues are placed under EUR 300.000.000 medium-term notes program.
Notes shall be subscribed from 12th October until 09th November (including), 2009. The notes shall be redeemed on 12th November, 2012.

Final Terms of the issue No 37

Final Terms of the issue No 38

An application submitted for a note issue listing

Wed, 07 Oct 2009 00:00:00 +0300

On 7 October 2009, AB DnB NORD Bankas submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 23,642,600 par value notes on the stock exchange's Bond List.
This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 notes' issue programme.
Key characteristics of the issue:

ISIN code	LT0000410094
Notes type	zero coupon notes
Discount rate	8.20 pct. (annual)
Duration	1 year
Issue size	236,426 units
Par value	LTL 100
Total nominal value	LTL 23,642,600
Maturity date	05.10.2010

Base Prospectus of 300.000.000 EUR Medium-Term Note Programme approved

Tue, 06 Oct 2009 00:00:00 +0300

On 1 October 2009, the Securities Commission of the Republic of Lithuania approved 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, Base Prospectus of EUR 300,000,000 Medium-Term Note Programme (certificate number 4R-16).

Prospectus

Note issue No PO 12/2009 placement results

Mon, 05 Oct 2009 00:00:00 +0300

AB DnB NORD Bankas, completed placement of the corporate notes' issue with aggregate nominal value of 10,483,200 litas (LTL).
Details of placement are listed below:

ISIN	LT0000380032
Type	Zero coupon notes' issue No PO 12/2009
Number of securities	104,832
Par	100 LTL
Aggregate nominal value	10,483,200 LTL
Placement completed	2009-09-30
Interest rate commencement	2009-10-01
Redemption	2010-05-12
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Placement	Private
Authorization	18 December 2007 resolution of the management board No 75-18
Listing	This note issue shall not be listed.

Zero coupon notes issue No 3/2009 placement results

Mon, 05 Oct 2009 00:00:00 +0300

On 1 October 2009, AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT0000410094
Type	Zero Coupon Notes Issue No 3/2009
Issue type	Private placement
Number of securities	236,426
Par	100 LTL
Aggregate nominal value	23,642,600 LTL
Effective Date	2 October, 2009
Redemption	5 October, 2010
Listing	The Issuer shall apply for admission to trading of this tranche on AB NASDAQ OMX Vilnius Stock Exchange's Bond List.

AB DnB NORD Bank Launches New Notes Issue

Mon, 28 Sep 2009 00:00:00 +0300

On 28th of September 2009, AB DnB NORD Bankas launches a new 1-year zero coupon notes issue No3/2009. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and shall be subscribed from the 28th of September, 2009 until the 1st of October, 2009 (including). The notes will be redeemed on the 5th of October, 2010.

Final Terms

AB DnB NORD Bankas Redeems Fixed Rate Notes Issue No 5/2008 and 3-Year Fixed Rate Notes Issue

Mon, 28 Sep 2009 00:00:00 +0300

On September 28, 2009, AB DnB NORD Bankas redeems Fixed Rate Notes Issue No 5/2008 (ISIN code- LT0000401689). The issue was placed under AB DnB NORD Bankas 1‘250‘000‘000 Litas Medium term Programme Base Prospectus approved by the Securities Commission on October 04, 2007 (Certificate of Approval No 4R-29, 4R-30). Thel 3-year Fixed Rate Notes Issue (ISIN code- LT0000403388) is redeemed as well. The issue was placed under AB DnB NORD Bankas 170‘000‘000 Litas Fixed Rate Programme Base Prospectus aprroved by the Securities Commission on October, 2005.

Note issue No PO 11/2009 placement results

Fri, 11 Sep 2009 00:00:00 +0300

AB DnB NORD Bankas completed placement of the corporate notes' issue with aggregate nominal value of LTL 5 091 000.

Details of placement are listed below:

ISIN	LT0000330649
Type	Zero coupon notes' issue No PO 11/2009
Number of securities	50910
Par	100 LTL
Aggregate nominal value	5091000 LTL
Placement completed	2009-09-08
Interest rate commencement	2009-09-08
Redemption	2009-12-08
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Placement	Private
Authorization	December 18, 2007 resolution of the management board No 75 - 18
Listing	This note issue will not be listed

Šarūnas Nedzinskas elected to AB DnB NORD Bankas Management Board

Thu, 10 Sep 2009 00:00:00 +0300

The Supervisory Council of AB DnB NORD Bankas on 8 September 2009 elected Šarūnas Nedzinskas as a member of the bank‘s Management Board. On the six-member Management Board Šarūnas Nedzinskas (born 1968) will be in charge of further development of the bank's retail business.

Šarūnas Nedzinskas has been working in AB DnB NORD Bankas since September 2008 as the advisor to the president of the bank. Prior to taking his job in AB DnB NORD bankas he worked in Finasta bank, was a member of the management board of the insurance company Lietuvos Draudimas. Šarūnas Nedzinskas is an economist, a graduate of Vilnius University and also holds a Master of Business Administration in Baltic Management Institute.

Šarūnas Nedzinskas has no shareholdings in AB DnB NORD Bankas.

Note issue DnB NORD EEK1 placement results

Fri, 04 Sep 2009 00:00:00 +0300

Details of placement are listed below:

ISIN	LT1000401273
Type	Zero coupon notes' issue DnB NORD EEK1
Issue type	Private placement
Number of securities	50
Par	1 000 000 EEK
Aggregate nominal value	50 000 000 EEK
Placement completed	2009-09-01
Interest rate commencement	2009-09-03
Redemption	2010-09-03
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18, 2007 resolution of the management board No 75 - 18
Listing	This note issue will not be listed

Amended Bylaws of AB DnB NORD Bankas registered

Fri, 21 Aug 2009 00:00:00 +0300

On 20 August 2009 the amended Bylaws 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”) were registered with the Register of Legal Entities.

The amended Bylaws of the Bank provide that the authorized share capital of the Bank is LTL 656,665,410 (six hundred fifty six million six hundred sixty five thousand four hundred and ten litas) and is divided into 5,710,134 (five million seven hundred and ten thousand one hundred thirty four) ordinary registered shares with LTL 115 (one hundred and fifteen litas) par value each.

The Articles 8.9 of Section VIII of the Bylaws were also amended with respect to change of the method of adopting decisions of the Board: the decision of the Board shall be adopted if more than a half of elected Board members vote for it are received.

The Bylaws of the Bank were amended in line with the resolution of the ordinary general meeting of shareholders as of 30 March 2009.

Note issue No PO 09/2009 placement results

Mon, 17 Aug 2009 00:00:00 +0300

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, completed placement of the corporate note issue with aggregate nominal value of EUR 14,627,200.

Details of placement are listed below:

ISIN	LT1000360065
Type	Zero coupon notes No PO 9/2009
Issue type	Private placement
Number of securities	146,272
Par	EUR 100
Aggregate nominal value	EUR 14,627,200
Placement completed	2009-08-13
Interest rate commencement	2009-08-13
Redemption	2010-02-09
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18,2007 resolution of the management board No 75-18
Listing	This note issue shall not be listed.

Note issue No PO 08/2009 placement results

Tue, 11 Aug 2009 00:00:00 +0300

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, completed placement of the corporate note issue, with aggregate nominal value of LTL 5,000,000.

Details of placement are listed below:

ISIN	LT0000330631
Type	Zero coupon note issue No PO 8/2009
Issue type	private
Number of securities	50,000
Par	LTL 100
Aggregate nominal value	LTL 5,000,000
Placement completed	2009-08-07
Interest rate commencement	2009-08-07
Redemption	2009-11-05
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18,2007 resolution of the management board No 75-18
Listing	This note issue shall not be listed.

Regarding the ending of squeeze-out of the shares of AB DnB NORD Bankas

Thu, 23 Jul 2009 00:00:00 +0300

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, (herinafter - the Bank) notifies, that the squeeze-out of shares of AB DnB NORD Bankas ended on 21 July 2009. During the squeeze-out the largest shareholder of the bank, Bank DnB NORD A/S, acquired 3,656 ordinary registered shares of AB DnB NORD Bankas and increased its number of shares and voting rights in the Bank up to 99.91 percent.

Acting in accordance with Part 11 of Article 37 of the Law on Securities of the Republic of Lithuania, Bank DnB NORD A/S has made a transfer of funds to the special deposit account in favor of shareholders who have failed to sell their shares, and on 22 July 2009 Bank DnB NORD A/S applied to the court asking to oblige the account managers to make records in securities accounts on transfer of ownership of the shares to Bank DnB NORD A/S from the shareholders who have failed to sell their shares during the implementation of squeeze-out.

Regarding a decision to establish a subsidiary

Mon, 13 Jul 2009 00:00:00 +0300

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, (herinafter - the Bank) notifies, that the Management Board of the Bank decided to establish a subsidiary of AB DnB NORD Bankas. The newly established subsidiary shall be a limited liability company 100 percent owned by the Bank and shall operete under the name of UAB Intractus. The objective for the establishment of the subsidiary - preparation for the efficient management of real estate assets.

Preliminary result for the first six months of 2009

Fri, 10 Jul 2009 00:00:00 +0300

According to preliminary data 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, earned a pre-tax operating profit before provisions of LTL 129 million (EUR 37.4 million) in the first six months of 2009, a 37.1 percent rise compared to the same period a year ago. Taking into account a negative impact of a sharp macro economic downturn on Lithuania's real economy, the bank continued to pursue a conservative customer risk valuation and set aside LTL 189 million (EUR 54.7 million) in provisions in the second quarter of 2009 alone. As a result AB DnB NORD Bankas recorded LTL 136.4 million (EUR 39.5 million) loss for the first six months of 2009. To ensure the bank's balanced performance in the recession affected economy, the bank's shareholders invested LTL 102 million (EUR 29.5 million) and fully subscribed to the new share issue worth LTL 71.4 million (EUR 20.7 million) during the first six months of the year.

AB DnB NORD Bankas pre-tax operating profit before provisions was LTL 94.1 million (EUR 27.3 million) in the first six months of 2008 and its net profit was LTL 68.6 million (EUR 19.9 million) in that period.

„The bank's financial result mirrors troubled macro economic developments in Lithuania that we offset somewhat through growth of the bank's income, tight spending control, constant efforts to streamline the bank's business lines and further improvement of operating efficiency,” said Werner Schilli, president and the chairman of the management board of AB DnB NORD Bankas.

AB DnB NORD Bankas first half 2009 total income rose 13.6 percent year-on-year to 220.9 million (EUR 64.0 million) while its operating expenses were reduced 10.9 percent year-on-year to LTL 83.5 million (EUR 24.2 million). Constant focus on increasing operating efficiency helped the bank to improve its cost income ratio to 39.5 percent, compared to 49.7 percent in the same period a year ago. The bulk of provisions, that totaled LTL 294.6 million (EUR 85.3 million) in the first six months of the year, were set aside on loans extended to customers operating in real estate development, construction and transport sectors.

In the adverse economic environment characterized by increasing number of corporate bankruptcies that also negatively affected labor market and household income, the backing of our strong shareholders and their long-term commitment to the Lithuanian market helped the bank to maintain strong capital and liquidity positions. In the first six months of the year the bank's shareholders reinvested the 2008 profit, injected EUR 10 million (LTL 34.5 million) to the bank's reserve capital and fully subscribed to the new share issue worth LTL 71.4 million (EUR 20.7 million). The payment for the new share issue was transferred to AB DnB NORD Bankas capital account on 7 July 2009. AB DnB NORD Bankas met all prudential requirements of the Bank of Lithuania.

Regarding increase of the bank's reserve capital

Thu, 02 Jul 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities,(hereinafter - the Bank) notifies that on 30 June 2009 the Bank's reserve capital increased by EUR 10 million (LTL 34.5 million). The Bank's reserve capital was increased by monetary contribution of the Bank's largest shareholder Bank DnB NORD A/S aimed at further consistent strengthening of the Bank's capital base.

New share issue placement completed

Mon, 29 Jun 2009 00:00:00 +0300

On 28 June 2009 AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities,(hereinafter - the Bank) completed placement of the new ordinary registered share issue according to the share issue prospectus approved by the Securities Commission of the Republic of Lithuania on 28 May 2009 (Statement of Approval No. 4R-11).

During the second stage of the share placement all 892 (eight hundred ninety two) ordinary registered shares, which remained unsubscribed after the first stage, were subscribed to. During the two share placement stages the whole issue of 571,014 (five hundred seventy one thousand and fourteen) ordinary registered shares have been subscribed to. The share issue terms state that the shares subscribed shall be paid in litas within 10 days after the completion of the second subscription stage.

The par value of all subscribed shares of the Bank amounts to 65,666,610 (sixty five million six hundred and sixty six thousand six hundred and ten) litas. The issue price of all the shares subscribed is 71,376,750 (seventy one million three hundred seventy six thousand seven hundred and fifty) litas as the issue price of each share with 115 (one hundred and fifteen) litas nominal value was 125 (one hundred and twenty five) litas.

The aim of the share capital increase is to ensure further balanced growth of the Bank's business.

An application submitted to list corporate notes' issue

Fri, 26 Jun 2009 00:00:00 +0300

On 26 of June 2009, AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, data is collected and stored at the Register of Legal Entities, submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 60,232,900 par value notes on the stock exchange's Bond List. This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 notes' issue program.

Key characteristics of the issue:

ISIN code	LT0000401978
Notes type	zero coupon notes
Discount rate	10.10 pct (annual)
Duration	1 year
Issue size	602,329 units
Par value	LTL 100
Total nominal value	LTL 60,232,900
Maturity date	07.06.2010

Notice regarding the number of shares available for the second share subscription stage

Fri, 19 Jun 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, data is collected and stored at the Register of Legal Entities) hereby informs that 570, 122 ordinary registered shares were subscribed to during the first share subscription stage that ended on the 18th of June, 2009. 892 shares remained unsubscribed after the first stage. The shareholders, who signed share subscription agreements with AB DnB NORD Bankas during the first share subscription stage, shall be entitled to acquire the shares outstanding after the first stage during the second stage of subscription. The second stage starts on 19 June 2009 and will end on 28 June 2009.

The detailed terms and conditions of the share issue are provided in the share issue prospectus (approved by the Securities Commission of the Republic of Lithuania on 28 May 2009, Statement of Approval No. 4R-9), which is available free at the Legal Unit of AB DnB NORD Bankas, J. Basanavičiaus St. 26, Vilnius, during business days from 9 a.m. till 11 p.m. and from 2 p.m. till 4 p.m. , on the Bank‘s website (www.dnbnord.lt) and in Central storame facility www.crib.lt. For more information please call: (8-5) 239 3507, (8-5) 239 3511.

Regarding the start of the second stage of placement of the share issue

Tue, 16 Jun 2009 00:00:00 +0300

Note issue No 2/2009 placement result

Mon, 08 Jun 2009 00:00:00 +0300

ISIN	LT0000401978
Type	Zero Coupon Notes Issue No 2/2009
Number of securities	602 329
Par	100 LTL
Aggregate nominal value	60 232 900 LTL
Redemption	7 June, 2010
Listing	The Issuer shall apply for admission to trading of this tranche on AB NASDAQ OMX Vilnius Stock Exchange Bond List.

Regarding the start of placement of new ordinary share issue

Wed, 03 Jun 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, data is collected and stored at the Register of Legal Entities, (hereinafter - the “Bank”) hereby informs that on 4 June starts placement of new 571 014 ordinary registered shares of AB DnB NORD Bankas by additional contribution of shareholders. The issue price of each newly issued share with par value of LTL 115 is LTL 125. The nominal value of the total share issue is LTL 65,666,610 and total issue price is LTL 71,376,750. Pursuant to the share issue prospectus approved by the Securities Commission of the Republic of Lithuania on 28 May 2009 (Statement of Approval No. 4R-11), the Bank offers the persons who were the shareholders of the Bank on 14 April 2009 to acquire the issued shares on the pre-emptive basis.

The placement shall take 25 calendar days in two stages. The first share placement stage shall take 15 calendar days. During this stage the shares shall be offered to the persons who were the shareholders of the Bank on 14 April 2009. 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 NASDAQ OMX 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 shares subscribed within the first and second stages of placenebt 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. Basanavičiaus St. 26, Vilnius, during business days from 9 a.m. till 11 a.m. and from 2 p.m. till 4 p.m. and on the Bank‘s website (www.dnbnord.lt). Telephone No. for more information: (8-5) 239 3507, (8-5) 239 3511.

Certificate of Approval of a Prospectus

Prospectus of Shares Issue

Decision by AB DnB NORD Bankas to Increase Notes Issue Volume

Tue, 02 Jun 2009 00:00:00 +0300

On 2nd of June 2009, AB DnB NORD Bankas resolved to increase the Zero Coupon Notes Issue No 2/2009 (ISIN code LT0000401978) from 500’000 units to 800’000 units. The other terms of the Issue remain unchanged. The issue is placed under the EUR 300.000.000 Medium-term Note Programme.

Final Terms

AB DnB NORD Bankas Redeems Fixed Rate Notes Issue No 3/2008

Mon, 01 Jun 2009 00:00:00 +0300

On June 01, 2009, AB DnB NORD Bankas redeems Fixed Rate Interest Notes Issue No 3/2008 (ISIN code- LT0000401556). The issue was placed under AB DnB NORD Bankas 1‘250‘000‘000 Litas Medium term Programme Base Prospectus approved by the Securities Commission on October 04, 2007 (Certificate of Approval No 4R-29, 4R-30).

AB DnB NORD Bankas group and bank interim condensed financial information for the first quarter of 2009

Fri, 29 May 2009 00:00:00 +0300

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, presents unaudited group and bank interim condensed financial information for the first quarter of 2009 prepared in accordance with International Financial Reporting Standards and confirmed by the management.

Attachments:

Interim confirmation of responsible persons
Interim condensed financial information

Regarding the member of the management board

Fri, 29 May 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716,registered office at J. Basanavičiaus St. 26, Vilnius, the data is collectedand stored at the Register of Legal Entities, informs, that the managementboard member Sigitas Žutautas notified the supervisory council and managementboard of AB DnB NORD Bankas regarding his decision to accept the proposal totake a leading management role in another non-banking financial institution. Hewill continue to carry out his duties in AB DnB NORD Bankas until 12 June 2009(inclusive). Starting 13 June until a new management board member in charge ofthe bank's retail business is appointed, his duties will be carried out by thedeputy chairman of the management board Dr. Vygintas Bubnys.
Sigitas Žutautas has no shares in AB DnB NORD Bankas.

AB DnB NORD Bank Launches New Notes Issue

Thu, 28 May 2009 00:00:00 +0300

On 1st of June 2009, AB DnB NORD Bankas launches a new 1-year zero coupon notes issue No2/2009. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and shall be subscribed from the 1st of June, 2009 until the 04th of June, 2009 (including). The notes will be redeemed on the 7th of June, 2010.

Final Terms

Preliminary result for the first quarter of 2009

Wed, 06 May 2009 00:00:00 +0300

Note issue listing application submitted

Mon, 27 Apr 2009 00:00:00 +0300

On 23 of April 2009, AB DnB NORD Bankas, company code 112029270, VAT payer's code LT120292716, registered office J.Basanavičiaus st. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities, submitted an application to AB NASDAQ OMX Vilnius stock exchange for listing of LTL 28.652.800 par value note issue on the Bond List.
This tranche has been issued in accordance with AB DnB NORD Bankas' EUR 300.000.000 notes'issue program.
Key characteristics of the issue:

ISIN code	LT0000401895
Notes type	zero coupon notes
Discount rate	10.50 percent (annual)
Duration	1 year
Issue size	26.048 units
Par value	LTL 1.100
Total nominal value	LTL 28.652.800
Maturity date	24.02.2010

Regarding the squeeze-out of the shares of AB DnB NORD Bankas

Wed, 22 Apr 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer's code LT120292716, registered office J. Basanavičiaus st. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities, informs that AB DnB NORD Bankas, acting in accordance with Part 9 of Article 37 of the Law on Securities of the Republic of Lithuania, published the notification on the squeeze-out of the shares in the daily newspaper Lietuvos rytas on 22 April 2009.

The notification of AB DnB NORD Bankas on the squeeze-out of the shares is attached.

The implementation of the squeeze-out commences on 23 April 2009 and shall last for 90 (ninety) days, that is, until 21 July 2009 (inclusive).

pranesimas (notification).pdf
igyvendinimo ataskaita (implementation report).pdf
cirkuliaras (circular).pdf
notification.pdf

Regarding notification to AB DnB NORD Bankas on the squeeze-out of the shares

Mon, 20 Apr 2009 00:00:00 +0300

AB DnB NORD Bankas (company code 112029270, VAT payer's code LT120292716, registered office J. Basanavičiaus st. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) (hereinafter the "Issuer")informs that on 20 April 2009 the largest shareholder of the Issuer - Bank DnB NORD A/S (company code CVR-nr.: 28691947, registered office: Amerikakaj, Dampfærgevej 28, DK 2100 Kopenhaga Ø, Denmark) - submitted to the Issuer the notification on the squeeze-out of the shares.

On 20 April 2009 Bank DnB NORD A/S by the right of ownership holds 5,131,093 (five million one hundred thirty one thousand ninety three) ordinary registered shares of the Issuer with nominal value of LTL 115 (one hundred fifteen Lithuanian Litas) each, which constitute 99.84 percent of the votes at the General Meeting of Shareholders of the Issuer.

The squeeze-out price offered by the Bank DnB NORD A/S for the shares amounts to LTL 125 (one hundred twenty five Lithuanian Litas) per 1 (one) ordinary registered share of the Issuer with nominal value of LTL 115 (one hundred fifteen Lithuanian Litas) each. The offered price was established in accordance with Item 2 of Part 4 of Article 37 and Part 5 of Article 37 of the Law on Securities of the Republic of Lithuania.

The notification includes a requirement that during 90 (ninety) days period from the announcement of the notification on the squeeze-out of the shares in the daily newspaper „Lietuvos rytas“, other shareholders sell all shares of the Issuer to Bank DnB NORD A/S for a price offered by the Bank DnB NORD A/S, or during the same time period they can contest the price offered according to the procedure determined in the law.

Attached: the notification by the Bank DnB NORD A/S on the squeeze-out of the shares and its appendices.

pranesimas (notification).pdf
igyvendinimo ataskaita (implementation report).pdf
cirkuliaras (circular).pdf

FitchRatings changed individual rating of AB DnB NORD Bankas

Mon, 20 Apr 2009 00:00:00 +0300

On 16 April 2009 ratings agency Fitch Ratings changed the individual rating of AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) to D/E from C/D and affirmed its long-term issuer's default rating A/Outlook negative, short term issuer's default rating F1 and the support rating 1. According to Fitch Ratings, “the downgrades of the individual ratings of all rated Baltic subsidiaries of Nordic banks reflect the rapid deterioration in the operating environment in Estonia, Lithuania and Latvia.”

Fitch affirms high DnB NORD Bankas creditworthiness rating

Thu, 09 Apr 2009 00:00:00 +0300

International ratings agency Fitch Ratings on Thursday affirmed AB DnB NORD Bankas high long-term borrowing rating A revising its outlook to negative from stable that mirrored the agency‘s Wednesday‘s downwards revision of long-term foreign currency issuer default rating of the Republic of Lithuania to 'BBB'/Negative Outlook. This is the top rating that any corporate might have in Lithuania after Fitch Ratings had set the country’s ceiling at A.

Fitch Ratings affirmed AB DnB NORD Bankas short term borrowing rating F1, individual rating „C/D“ and the support rating „1“.

„Such a high creditworthiness rating of AB DnB NORD Bankas as a reliable financial partner is particularly important now as it allows us to continue offering our customers savings, investment and lending services on very competitive terms even in the adverse economic environment,“ said the CEO of AB DnB NORD Bankas Werner Schilli.

AB DnB NORD Bankas is a universal commercial bank that is part of international DnB NORD banking family setup by the Norway‘s largest financial institution DnB NOR and North Germany‘s largest bank NORD/LB.

Annual audited information for the year 2008

Mon, 30 Mar 2009 00:00:00 +0300

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) presents 2008 annual information that consists of audited separate and consolidated financial statements, consolidated annual report assessed by the auditors and confirmation of responsible persons.
These documents were approved at the ordinary general meeting of shareholders of AB DnB NORD Bankas held on 30 March 2009. The documents approved by the shareholders do not differ from audited 2008 annual information of AB DnB NORD Bankas presented on 27 February 2009.

Confirmation of resposiblle persons
Consolidated annual report

Resolutions of the ordinary general meeting of shareholders

Mon, 30 Mar 2009 00:00:00 +0300

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 about the company is collected and stored at the Register of Legal Entities (hereinafter - the “Bank”) held on 30 March 2009, the shareholders of the Bank adopted the following resolutions:
1. to approve 2008 Consolidated Annual Report of the Bank;
2. to approve separate and consolidated financial statements of the Bank of 2008;
3. to approve the distribution of the profit (loss) of the Bank. It was decided to transfer the 2008 net profit of LTL 70.737 million to the Bank's distributable profit of LTL 70.741 following the revaluation of reserve of the fixed assets by the amount of LTL 4 thousand, that was ascribed to disposed of or fully depreciated fixed assets and transfer this amount to retained earnings. To use part of the distributable profit in the amount of LTL 3.537 million for compulsory deductions to mandatory reserve. To transfer the remaining amount of LTL 67.204 million in retained earnings to the next financial year;
4. to approve the remuneration terms for the attendance of Supervisory Council meetings and other expenses related to the participation in the meetings in 2009 to the independent members of the Supervisory Council of the Bank only;
5. to elect close stock company „Ernst & Young Baltic“ as an audit firm to perform audit of the annual financial statements of the Bank for the year 2009 and to authorize the president of the Bank to establish the terms and conditions of the Agreement on auditing services according the remuneration terms established by the shareholders' meeting.
6. to elect Juergen Machalett and Andreas Fichelscher to the Supervisory Council of the Bank until expiry of the term of office of the current Supervisory Council and to establish that the newly elected members will start the office following the receipt of the permission from the Bank of Lithuania to become managers of the Bank. The newly elected members of the Supervisory Council, who represent the ultimate shareholder of the Bank - Germany's bank Norddeutshe Landesbank Girozentrale - will replace Dr. Juergen Allerkamp and Georg Christoph Schulz who resigned from their positions on the Supervisory Council on 30 March 2009.
7. to revoke the resolutions passed by the Extraordinary General Meeting of Shareholders of the Bank on 29 September 2008 to increase the authorized capital of the bank by additional contributions of shareholders and to amend the bylaws of the bank and to increase the authorised capital of the Bank by additional contributions of shareholders by LTL 65,666,610, i.e. from LTL 590,998,800 to LTL 656,665,410, by issue of 571,014 new ordinary registered shares with par value of LTL 115 each and minimum issue price of each share - LTL 125. Minimum issue price of all issued shares was set at LTL 71,376,750. To establish that the newly issued shares shall be paid up in monetary contributions. The newly issued shares shall be subscribed by the shareholders of the Bank which were shareholders of the Bank on the end of the tenth business day following this ordinary general meeting of shareholders. Subscription and allotment of shares shall take 25 calendar days. Other terms and conditions of the share issue shall be established in the Share Prospectus of the Bank. Should any shares remain unsubscribed upon expiry of the share subscription period, the authorised capital of the Bank shall be increased by the aggregate amount of the par value of the shares subscribed. The aim of the increase of the authorized capital of the Bank is to ensure the further balanced growth of the Bank's business.
8. to amend the wording of III chapter 3.5 article of the Bylaws of the AB DnB NORD Bankas and to word it as follows:
“3.5. The authorised capital of the Bank shall be the par value of all registered shares. The authorised capital of the Bank shall be LTL 656 665 410 (six hundred fifty six million six hundred sixty five thousand four hundred ten Litas), it shall be divided into 5 710 134 (five million seven hundred and ten thousand one hundred and thirty four) ordinary registered shares. The par value of a share shall be LTL 115 (one hundred and fifteen Litas).”
To amend the wording of VIII chapter 8.9 article of the Bylaws of the AB DnB NORD Bankas and to word it as follows:
“8.9. Any meeting of the Management Board shall be deemed held and the Management Board may take decision therein when more than 2/3 of the Management Board Members participate in the meeting of the Management Board. Any Member of the Management Board may express his/her will to vote for or against the discussed decision, upon scrutiny of the draft thereof, by a written vote in advance. The Management Board Members who have voted in advance shall be deemed to participate in the meeting. The decision of the Management Board shall be deemed taken when more than a half of the elected Management Board Members vote for it. Decisions of the Management Board may also be taken by circulation of the voting ballot among the Management Board Members if none of the Management Board Members objects to such procedure. Each Member of the Management Board shall have one vote. In the event of a tie vote, the Chairman of the Management Board shall have the casting vote. Should, in case of a tie vote, the Chairman of the Management Board not participate in the meeting or not participate in the voting on the decision, the decision shall be deemed not taken. The voting by the terminal equipment of telecommunications shall be equivalent to the voting in writing provided that the confidentiality of the communications is guaranteed and there are means for the verification of the signature. The Management Board Member shall have no right to vote on the issue related to his/her work on the Management Board or the issue of his/her liability.”

Confirmation of resposiblle persons
Consolidated annual report

AB DnB NORD Bank redeems Short-Term Equity Linked Notes Issue No 4, Short-Term Equity Linked Notes Issue No 5 and Fixed Rate Notes Issue No2/2008

Thu, 26 Mar 2009 00:00:00 +0200

On 26th of March 2009, AB DnB NORD Bankas redeems Short-term Equity linked notes issue No4 (ISIN code LT0000402257) and Short-term Equity linked notes issue No5 (ISIN code LT0000402265). The issues were placed under AB DnB NORD Bankas 500,000,000 Litas Medium –Term Note Programme Base Prospectus approved by the Securities Commission on January 11, 2007 (Certificate of Approval No 4R-7). On 26th of March 2009, AB DnB NORD Bankas redeems Fixed rate notes issue No2/2008 (ISIN code LT0000401523). The issue was placed under AB DnB NORD Bankas 1,250,000,000 Litas Medium –Term Note Programme Base Prospectus approved by the Securities Commission on October 04, 2007 (Certificate of Approval No 4R-29, 4R-30).

On the implementation of the voluntary takeover bid of Bank DnB NORD A/S

Wed, 25 Mar 2009 00:00:00 +0200

On 25 March 2009 AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) received a report on the execution of the voluntary takeover bid of Bank DnB NORD A/S (Denmark).

Through the implementation of the voluntary takeover bid Bank DnB NORD A/S acquired 316,941 (three hundred sixteen thousand nine hundred forty one) ordinary registered shares of AB DnB NORD Bankas, with nominal value of LTL 115 each (ISIN code LT0000100174), which represent 6,17 percent of the authorized capital and number of votes in AB DnB NORD Bankas. Following the implementation of the voluntary takeover bid Bank DnB NORD A/S increased its shareholding in AB DnB NORD Bankas up to 99.84 percent.

The voluntary takeover bid has been implemented at a price of LTL 125 per share, and as a result, Bank DnB NORD A/S has invested further LTL 39.6 million into AB DnB NORD Bankas. The voluntary takeover bid lasted from 18 February 2009 until 19 March 2009 (inclusive).

The report on the execution of the voluntary takeover bid is attached hereto.

The report on the execution of the voluntary takeover bid

Notification on the acquisition of voting rights

Wed, 25 Mar 2009 00:00:00 +0200

On 25 March 2009 AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) received a notification of Bank DnB NORD A/S (Denmark) on the acquisition of voting rights in AB DnB NORD Bankas. Notification states that 95 percent threshold was crossed. The reason for crossing the threshold - acquisition of voting shares, through the implementation of the voluntary takeover bid. Since the date of crossing the threshold Bank DnB NORD A/S holds 99.84 percent of voting rights in AB DnB NORD Bankas.
Notification is attached hereto.

Notification on the acquisition of voting shares

Notification on the disposal of voting rights

Tue, 24 Mar 2009 00:00:00 +0200

On 20 March 2009 AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) received a notification of East Capital Asset Management AB (on behalf of East Capital Eastern European Fund, East Capital Russian Fund, East Capital Baltic Fund, East Capital (Lux) Russian Fund, East Capital (Lux) convergence Eastern European Fund and East Capital (Lux) Eastern European Fund) on the disposal of voting rights in AB DnB NORD Bankas. Notification states that 5 percent threshold was crossed. The reason for crossing the threshold - disposal of a block of shares. Notification is attached hereto.

Notification of a group on the disposal of a block of shares

Draft resolutions of the ordinary general meeting of shareholders

Fri, 20 Mar 2009 00:00:00 +0200

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 about the company is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) to be held on 30 March 2009 at 10.00 a.m. at the registered office of the Bank, address J. Basanavičiaus St. 26, Vilnius, in the hall of the sixth, the shareholders will be offered to approve the following resolutions:

1. to approve 2008 Consolidated Annual Report of the Bank;

2. to approve separate and consolidated financial statements of the Bank of 2008;

3. to approve the distribution of the profit (loss) of the Bank. It is proposed to transfer the 2008 net profit of LTL 70.737 million to the Bank's distributable profit of LTL 70.741 million following the revaluation of reserve of the fixed assets by the amount of LTL 4 thousand, that is ascribed to disposed of or fully depreciated fixed assets and transfer this amount to retained earnings. To use part of the distributable profit in the amount of LTL 3.537 million for compulsory deductions to mandatory reserve. To transfer the remaining amount of LTL 67.204 million in retained earnings to the next financial year;

4. to approve the remuneration terms for the attendance of Supervisory Council meetings and other expenses related to the participation in the meetings in 2009 to the independent members of the Supervisory Council of the Bank only;

5. to elect close stock company „Ernst & Young Baltic“ as an audit firm to perform audit of the annual financial statements of the Bank for the year 2009 and to authorize the president of the Bank to establish the terms and conditions of the Agreement on auditing services according the remuneration terms established by the shareholders' meeting.

6. considering the resignation of Dr. Juergen Allerkamp and Georg Christoph Schulz from the Supervisory Council, to elect Juergen Machalett and Andreas Fichelscher 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 Juergen Machalett and Andreas Fichelscher will start the office following the receipt of the permission from the Bank of Lithuania to become managers of the Bank. Aforementioned persons represent ultimate shareholder of the Bank - Germany's bank Norddeutshe Landesbank Girozentrale - on the Supervisory Council.

7. to revoke the resolutions passed by the Extraordinary General Meeting of Shareholders of the Bank on 29 September 2008 to increase the authorized capital of the bank by additional contributions of shareholders and to amend the bylaws of the bank and to increase the authorised capital of the Bank by additional contributions of shareholders by LTL 65,666,610, i.e. from LTL 590,998,800 to LTL 656,665,410, by issue of 571,014 new ordinary registered shares with par value of LTL 115 each and minimum issue price of each share - LTL 125. Minimum issue price of all issued shares is set at LTL 71,376,750. To establish that the newly issued shares shall be paid up in monetary contributions. The newly issued shares shall be subscribed by the shareholders of the Bank which were shareholders of the Bank on the end of the tenth business day following this ordinary general meeting of shareholders. Subscription and allotment of shares shall take 25 calendar days. Other terms and conditions of the share issue shall be established in the Share Prospectus of the Bank. Should any shares remain unsubscribed upon expiry of the share subscription period, the authorised capital of the Bank shall be increased by the aggregate amount of the par value of the shares subscribed. The aim of the increase of the authorized capital of the Bank is to ensure the furtherbalanced growth of the Bank's business.

3.8. to amend the wording of III chapter 3.5 article of the Bylaws of the AB DnB NORD Bankas and to word it as follows:

“3.5. The authorised capital of the Bank shall be the par value of all registered shares. The authorised capital of the Bank shall be LTL 656,665, 410 (six hundred fifty six million six hundred sixty five thousand four hundred ten Litas), it shall be divided into 5,710,134 (five million seven hundred and ten thousand one hundred and thirty four) ordinary registered shares. The par value of a share shall be LTL 115 (one hundred and fifteen Litas).”

To amend the wording of VIII chapter 8.9 article of the Bylaws of the AB DnB NORD Bankas and to word it as follows:

“8.9. Any meeting of the Management Board shall be deemed held and the Management Board may take decision therein when more than 2/3 of the Management Board Members participate in the meeting of the Management Board. Any Member of the Management Board may express his/her will to vote for or against the discussed decision, upon scrutiny of the draft thereof, by a written vote in advance. The Management Board Members who have voted in advance shall be deemed to participate in the meeting. The decision of the Management Board shall be deemed taken when more than a half of the elected Management Board Members vote for it. Decisions of the Management Board may also be taken by circulation of the voting ballot among the Management Board Members if none of the Management Board Members objects to such procedure. Each Member of the Management Board shall have one vote. In the event of a tie vote, the Chairman of the Management Board shall have the casting vote. Should, in case of a tie vote, the Chairman of the Management Board not participate in the meeting or not participate in the voting on the decision, the decision shall be deemed not taken. The voting by the terminal equipment of telecommunications shall be equivalent to the voting in writing provided that the confidentiality of the communications is guaranteed and there are means for the verification of the signature. The Management Board Member shall have no right to vote on the issue related to his/her work on the Management Board or the issue of his/her liability.”

The accounting day of the meeting shall be 23 March 2009.

Full text of draft resolulutions with annexes are available for the shareholders of the Bank at the Investment Banking Department of the Bank at J. Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393503).

Consolidated annual report
Confirmation of responsible persons

Supplemented agenda of the ordinary general meeting of shareholders

Thu, 19 Mar 2009 00:00:00 +0200

On 19 March 2009 the Management Board of AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) decided to supplement the agenda of the ordinary general meeting of shareholders to be held on 30 March 2009 with the following draft resolution:

- Election of two members of the Supervisory Council.

Therefore the agenda of the ordinary general meeting of shareholders that shall take place at the registered office of the Bank, address J. Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor on 30 March 2009 shall be:
1. approval of 2008 Consolidated Annual Report;
2. approval of 2008 separate and consolidated financial statements;
3. distribution of profit (loss);
4. approval of payments to the members of the Supervisory Council;
5. election of audit firm;
6. election of two members of the Supervisory Council;
7. revocation of the resolutions passed by the Extraordinary General Meeting of Shareholders of the bank on 29 September 2008 and adoption of the new resolution regarding increase of the authorized capital of the Bank by additional contributions of shareholders;
8. approval of the amendments of the Bylaws of the Bank.

The accounting day of the meeting shall be 23 March 2009.

The documents related to the agenda of the meeting shall be available for the shareholders of the Bank at the Investment Banking Department of the Bank at J. Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393503).

Note issue No PO 4/2009 placement results

Thu, 19 Mar 2009 00:00:00 +0200

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) completed placement of the corporate note issue with aggregated nominal value of LTL 10,098,600,00. Details of placement are listed below:

ISIN	LT0000320186
Type	Zero coupon note No PO 4/2009
Number of securities	100.986 units
Par	100 LTL
Aggregate nominal value	11.773.800 LTL
Placement completed	2009-03-17
Interest rate commencement	2009-03-17
Redemption	2009-05-22
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18, 2007 resolution of the management board No 75-18
Listing	This note issue will not be listed

Election of the chairman of the Supervisory Council, Management Board member

Thu, 19 Mar 2009 00:00:00 +0200

On 18 March 2009 the Supervisory Council of AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) ( hereinafter - the Bank) elected Thomas Stephan Buerkle as the Chairman of the Supervisory Council of the Bank. Thomas Stephan Buerkle is the Chief Executive Officer of Denmark registered DnB NORD financial group. Before taking the job Thomas Stephan Buerkle (born 1953) served as a general manager of Germany‘s Norddeutsche Landesbank Girozentrale (NORD/LB) bank's branch in New York (USA). From September 2002 until the start of 2006 Thomas Stephan Buerkle served as the President and the Chairman of the Management Board of AB DnB NORD Bankas (then operating under AB Bankas NORD/LB Lietuva name). Thomas Stephan Buerkle has no shares of AB DnB NORD Bankas.

The Supervisory Council also elected Fredrik Johannes Borch to the Management Board of the Bank. Before taking the position Fredrik Johannes Borch (born 1974) had been working as Deputy Bank Manager in DnB NOR bank in Norwegian town Tromso. He has been working with large regional corporates in mining, construction, property, services and coastal freight industries. He was in charge of credit portfolio worth approximately 2.2 billion NOK and was also providing credit analysis support for regional branches of DnB NOR. Fredrik Johannes Borch has been working in Norway's banking sector since 1998. Fredrik Johannes Borch has no shareholdings in AB DnB NORD Bankas.

Resolution of the extraordinary general meeting of shareholders

Mon, 16 Mar 2009 00:00:00 +0200

On 16 March 2009 the extraordinary 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 about the company is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) adopted the following resolution:

1.Considering the fact that the member of the Supervisory Council Sven Herlyn resigned from the office of the member of the Supervisory Council as of 16 March 2009, to elect Thomas Stephan Buerkle to the Supervisory Council until expiry of the term of office of the current Supervisory Council.

Thomas Stephan Buerkle is the Chief Executive Officer of Denmark based DnB NORD financial group. Before taking the job Thomas Stephan Buerkle (born 1953) served as a general manager of Germany‘s Norddeutsche Landesbank Girozentrale (NORD/LB) bank's branch in New York (USA). From September 2002 until the start of 2006 Thomas Stephan Buerkle served as the President and the Chairman of the Management Board of the Bank (then operating under AB Bankas NORD/LB Lietuva name). Thomas Stephan Buerkle has no shares of AB DnB NORD Bankas.

Annex 1 of Base Prospectus of 300.000.000 EUR Medium-Term Note Programme Approved

Mon, 09 Mar 2009 00:00:00 +0200

On the 5th of March, 2009, the Securities Commission of the Republic of Lithuania approved (certificate number 4R - 8) Annex No1 of Base Prospectus of EUR 300.000.000 Medium-Term Note Programme 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). The Prospectus itself was approved on the 2nd of October, 2008. The Amendment of Base Prospectus contains the amended information on the procedure of the capital gain taxation as prescribed in the amended Individual Income Tax Law and in the amended Health Insurance Law. It also details the issue cancelation risk.

Annex Nr. 1

Certificate of approval

Draft resolution of extraordinary general meeting of shareholders

Wed, 04 Mar 2009 00:00:00 +0200

On 16 March 2009 at 10.00 a.m. the extraordinary 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 about the company is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) shall be convened and take place at the registered office of the Bank, address J.Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor, the shareholders of the Bank will be asked to approve the following resolution:
1. Election of the member of the Supervisory Council of the Bank. Considering the fact that the member of the Supervisory Council Mr. Sven Herlyn resigns from the office of the member of the Supervisory Council as of 16 March 2009, to elect Mr. Thomas Stephan Buerkle to the Supervisory Council until expiry of the term of office of the current Supervisory Council.

Thomas Stephan Buerkle is the Chief Executive Officer of DnB NORD financial group. Before taking the job Thomas Stephan Buerkle (born 1953) served as a general manager of Germany‘s Norddeutsche Landesbank Girozentrale (NORD/LB) bank's branch in New York (USA). From September 2002 until the start of 2006 Thomas Stephan Buerkle served as the President and the Chairman of the Management Board of the Bank (then operating under AB Bankas NORD/LB Lietuva name). Thomas Stephan Buerkle has no shares of AB DnB NORD Bankas.

The accounting day of the Meeting shall be 6 March 2009.The document related to the agenda of the meeting is available for the shareholders of the Bank at the Investment Banking Department of the Bank at J.Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393503).

Placement results of note issues No 33 LV and No 34

Fri, 27 Feb 2009 00:00:00 +0200

On 2009-02-25, 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) completed placement of the following corporate notes:

ISIN	LV0000800779
Type	World equity linked notes issue No 33
Index	Index basket comprising: 25 proc. Dow Jones EURO STOXX 50, 25 proc. Nikkei 225 Stock Average, 25 proc. Hang Seng, 25 proc. S&P 500
Number of securities	3 510 units
Par	100 EUR
Aggregate nominal value	351 000 EUR
Participation	40%
Interest rate commencement	2009-02-27
Redemption	2012-02-28
Listing	This note issue will not be listed

ISIN	LT0000430753
Type	World equity linked notes issue No 34
Index	Index basket comprising: 25 proc. Dow Jones EURO STOXX 50, 25 proc. Nikkei 225 Stock Average, 25 proc. Hang Seng, 25 proc. S&P 500
Number of securities	16 560 units
Par	100 LTL
Aggregate nominal value	1 656 000 EUR
Participation	120%
Interest rate commencement	2009-02-27
Redemption	2012-02-28
Listing	This note issue will not be listed

Regarding the general meeting of shareholders of AB DnB NORD Bankas

Wed, 25 Feb 2009 00:00:00 +0200

On 30 March 2009 at 10.00 a.m. 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 about the company is collected and stored at the Register of Legal Entities) (hereinafter - the “Bank”) shall be convened.

The meeting is convened on the initiative and by the resolution of the Management Board of the Bank. The meeting shall take place at the registered office of the Bank, address J. Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor.

Agenda of the meeting:
1.approval of 2008 consolidated annual report;
2.approval of 2008 separate and consolidated financial statements;
3.distribution of profit (loss);
4.approval of payments to the members of the Supervisory Council;
5.election of audit firm;
6.revocation of the resolutions passed by the extraordinary general meeting of shareholders of the Bank as of 29 September 2008 and adoption of the new resolution regarding increase of the authorized capital of the Bank by additional contributions of shareholders;
7.approval of the amendments of the Bylaws of the Bank.

The accounting day of the Meeting shall be 23 March 2009.

The documents related to the agenda of the meeting will be available for the shareholders of the Bank at the Investment Banking Department of the Bank at J. Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393503) no later than 10 days before the meeting.

Note issue No PO 3/2009 placement results

Mon, 23 Feb 2009 00:00:00 +0200

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) completed placement of the corporate notes' issue with aggregate nominal value of LTL 11,773,800. Details of placement are listed below:

ISIN	LT0000330581
Type	Zero coupon note No PO 3/2009
Number of securities	117738
Par	100 LTL
Aggregate nominal value	11773800
Placement completed	2009-02-17
Interest rate commencement	2009-02-17
Redemption	2009-02-18
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18, 2007 resolution of the management board No 75 - 18
Listing	This note issue will not be listed

Placement results of notes' issue No 1/2009

Fri, 20 Feb 2009 00:00:00 +0200

On 20 February 2009 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) completed placement of the following corporate notes's issue:

ISIN	LT0000401895
Type	Zero Coupon Notes Issue No 1/2009
Number of securities	26 048
Par	1100 LTL
Aggregate nominal value	28 652 800 LTL
Redemption	2010-02-24
Listing	The Issuer shall apply for admission to trade this tranche on NASDAQ OMX Vilnius Stock Exchange Bond List.

Note issue No PO 3/2009 placement results

Fri, 20 Feb 2009 00:00:00 +0200

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) completed placement of the corporate notes' issue, with aggregate nominal value of LTL 11.773.800.
Details of placement are listed below:

ISIN	LT0000330581
Type	Zero coupon note No PO 3/2009
Number of securities	117.738 units
Par	100 LTL
Aggregate nominal value	11.773.800 LTL
Placement completed	2009-02-17
Interest rate commencement	2009-02-17
Redemption	2009-05-18
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18, 2007 resolution of the management board No. 75-18
Listing	This note issue will not be listed

The opinion of AB DnB NORD Bankas' board about the takeover bid

Wed, 18 Feb 2009 00:00:00 +0200

AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities)(hereinafter “the Issuer” or “the Bank”) informs that on 18 February 2009 starts the voluntary non-competitive takeover bid of Bank DnB NORD A/S (Denmark) - the largest shareholder of AB DnB NORD Bankas - seeking to acquire all the remaining 324,998 (three hundred twenty four thousand nine hundred ninety eight) ordinary registered shares of AB DnB NORD Bankas with a nominal value 115 Litas each (securities' ISIN code LT0000100174). Takeover bid price - 125 Litas per ordinary registered share. The takeover bid is submitted with the condition that Bank DnB NORD A/S acquires at least 292,499 (two hundred ninety two thousand four hundred ninety nine) ordinary registered shares. The voluntary takeover bid will last 30 calendar days.

The Board of AB DnB NORD Bankas, having reviewed the material submitted by the offeror Bank DnB NORD A/S (hereinafter “the Offeror”) concerning the voluntary non-competitive takeover bid, at the meeting of the Board of 17 February 2009, has passed the following statement:

1.The opinion of the Board on the takeover bid.

The Board is of a positive opinion concerning the voluntary takeover bid submitted by the Offeror as it enables the Issuer's shareholders to sell the shares owned thereby for the fair price. In the Board's opinion, implementation of the takeover bid will have no negative effect on the company's interests, employment conditions or number of employees.

2.The opinion of the Board on the plans and intentions of the Offeror in respect of the Issuer:

2.1. possible effect on the takeover bid implementation on the company‘s interests:

As the Offeror has the intention to continue the activities performed by the Issuer, the Board is of the opinion that the implementation of the takeover bid will have no negative effect on the Issuer's interests.

2.2. effect on the employment conditions:

As the Offeror is not planning to change the Issuer's current policy in respect of the employees, the Board is of the opinion that the implementation of the takeover bid will have no negative effect on the employment conditions.

2.3. effect on the number of employees;

As the Offeror is not planning to change the Issuer's current policy in respect of the employees, the Board is of the opinion that the implementation of the takeover bid will have no negative effect on the employment conditions.

2.4. the opinion about the Offeror's strategic plans and their effect on the number of employees and business locations.

The Board is of a positive opinion concerning the Offeror's strategic plans indicated in the circular of the takeover bid and is of the opinion that the implementation of the takeover bid will have no negative effect on the number of employees and business locations.

3. The opinion of the Board on the purchase price for the Issuer's securities.

Considering the fact that the offered purchase price for the Issuer's shares is approximately 50 percent higher than both the market price for the Issuer's shares at Vilnius Stock Exchange effective until the decision of the Offeror's board to announce voluntary takeover bid, i.e. 7 January 2009, and than the comparable valuation level of the Baltic and Scandinavian banks, the Issuer's Board is of the opinion that the offered share purchase price is fair.

4. The recommendation of the Board to the holders of the Issuer's securities to accept or reject the takeover bid with the grounded motivation thereof. In case no recommendations are provided, specify the reasons.

Considering the fact that the offered purchase price for the Issuer's shares is approximately 50 percent higher than both the market price for the Issuer's shares at Vilnius Stock Exchange effective until the decision of the Offeror's board to announce voluntary takeover bid, i.e. 7 January 2009, and than the comparable valuation level of the Baltic and Scandinavian banks, the Issuer's Board recommends that the shareholders of the Issuer accept the offer.

5. Information of whether there exists a written agreement between the Board (its members) of the Issuer and the Offeror concerning the execution of the takeover bid.

There is no such agreement between the Board (members of the Board) of the Issuer and the Offeror. The Offeror will execute the takeover bid through AB DnB NORD Bankas, which administers the accounting of the securities of the Issuer owned by the Offeror.

6. Information of whether there exists a written agreement between the Board (its members) of the Issuer and the Offeror concerning the joint management policy.

There is no such agreement between the Board (its members) of the Issuer and the Offeror.

7. Information about the number of voting shares and/or votes of the Offeror, which give the voting right in the general meeting of the shareholders, owned by the Issuer.

The Issuer doesn't own voting shares and/or votes of the Offeror, which give the voting right in the general meeting of the shareholders.

8. Information about the number of voting shares and/or votes of the Offeror, which give the voting right in the general meeting of the shareholders, owned by the members of the managing bodies of the Issuer.

The members of the managing bodies of the Issuer do not own voting shares or votes of the Offeror in the general meeting of the shareholders of the Offeror.

9. Total number of members of the Board and their voting results:

9.1. as provided in the Bylaws of the Issuer:

The Bylaws of the Issuer provide that the Board of the Bank consists of 6 members.

9.2. those who participate at the meeting:

5 (five) members of the Board of the Bank participated at the meeting.

9.3. voting for the opinion of the Board:

All the members of the Board who attended the meeting agreed with the opinion of the Board.

9.4. voting against the opinion of the Board.

No votes against.

10. Other information at the discretion of the Board.

None submitted.

Note issue No PO 2/2009 placement results

Wed, 18 Feb 2009 00:00:00 +0200

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) completed placement of the corporate notes' issue with aggregate nominal value of LTL 25,475,000. Details of placement are listed below:

ISIN	LT0000330565
Type	Zero coupon note No PO 2/2009
Number of securities	254750
Par	100 LTL
Aggregate nominal value	25475000 LTL
Placement completed	2009-02-13
Interest rate commencement	2009-02-13
Redemption	2009-05-14
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18, 2007 resolution of the management board No 75 - 18
Listing	This note issue will not be listed

AB DnB NORD bank launches new equity linked note issue

Fri, 13 Feb 2009 00:00:00 +0200

On 13th of February 2009, AB DnB NORD Bankas launches 3-year World equity linked note issue No 34.

Issue is placed under EUR 300.000.000 medium-term notes program.

Notes shall be subscribed from 13th of February until 25th of February, 2009. The notes shall be redeemed on 28th of February, 2012 (including).

AB DnB NORD Bank Launches New Notes Issue

Fri, 13 Feb 2009 00:00:00 +0200

On 13th of February 2009, AB DnB NORD Bankas launches a new 1-year zero coupon notes issue No1/2009. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and shall be subscribed from the 13th of February, 2009 until the 19th of February, 2009 (including). The notes will be redeemed on the 24th of February, 2010.

Regarding the approval of the circular of the voluntary non-competitive takeover bid

Thu, 12 Feb 2009 00:00:00 +0200

AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities) informs, that on 11 February 2009 the Securities Commission of the Republic of Lithuania approved the circular of the voluntary non-competitive takeover bid of Bank DnB NORD A/S (Denmark) - the largest shareholder of AB DnB NORD Bankas - seeking to acquire all the remaining 324,998 (three hundred twenty four thousand nine hundred ninety eight) ordinary registered shares of AB DnB NORD Bankas with a nominal value 115 Litas each (securities' ISIN code LT0000100174). Takeover bid price - 125 Litas per ordinary registered share. The takeover bid is submitted with the condition that Bank DnB NORD A/S acquires at least 292,499 (two hundred ninety two thousand four hundred ninety nine) ordinary registered shares.
The voluntary takeover bid will start on 18 February 2009 and will last 30 calendar days.

The terms of the voluntary non-competitive takeover bid of Bank DnB NORD A/S are presented in the circular attached.

Circular

The opinion of the Board

Preliminary 2008 financial result

Thu, 12 Feb 2009 00:00:00 +0200

According to preliminary data, in 2008 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) earned an un-audited profit before income tax of LTL 83.8 million (EUR 24.3 million) and AB DnB NORD Bankas group earned an unaudited profit before ingome tax of LTL 82.9 million (EUR 24 million). In 2007 the bank‘s audited profit before income tax was LTL 131.6 million (EUR 38,1 million) as the AB DnB NORD Bankas group earned LTL 131.0 million (EUR 37.9 million) audited profit before ingome tax.
According to preliminary data, in 2008 AB DnB NORD Bankas earned an unaudited net profit of LTL 70.7 million (EUR 20.5 million) and the unaudited net profit of AB DnB NORD Bankas group was LTL 69.4 million (EUR 20.1 million). In 2007 the bank‘s audited net profit was LTL 107.9 million (EUR 31,3 million) and the AB DnB NORD Bankas group earned LTL 106,9 million (EUR 31 million) audited net profit. AB DnB NORD Bankas and group financial results are calculated in accordance to International financial reporting standards.
In 2008 AB DnB NORD Bankas achieved most of the goals set at the start of the year - in retail and corporate banking AB DnB NORD Bankas grew faster than the market in credit, deposit and investment segments maintaing concervative risk management policy. Constant focus on operating efficiency, enhanced attention to risk management and efforts to keep costs in control helped to offset somewhat the effects of the country's slowing economic growth on the full year financial result that in the fourth quarter of 2008 was negatively affected by higher impairment and other provision expenses mostly in real estate development and transport sectors.