Bank DnB NORD A/S (registered with Danish Commerce and Companies Agency with number 28691947; legal address: Dampfærgevej 28, DK-2100 Copenhagen Ø, Denmark; postal address: Amerikakaj Dampfærgevej 28, DK-2100 Copenhagen Ø, Denmark; phone: +45 76 700 200; fax: +45 76 700 205; electronic mail address: info@dnbnord.com; web site: www.dnbnord.com) announces mandatory and final takeover bid of shares of AS DnB NORD Banka (registered with the Register of Enterprises of the Republic of Latvia on 06 September 1991 with registration number 0003024725, re-registered with the Commercial Register maintained by the Register of Enterprises of the Republic of Latvia on 07 July 2004 with unified registration number 40003024725; legal address: Rīga, Smilšu iela 6, LV-1803; support line: + 371 67171880; fax: + 371 67323449; electronic mail address: info@dnbnord.lv; web site: www.dnbnord.lv) (hereinafter - Offer). The redemption price of one AS DnB NORD Banka share is LVL 3.16 (three Lats and 16 santims) which has been determined pursuant to the requirements of Part One of Article 74 of the Financial Instruments Market Law. The Offer period is 30 (thirty) days following the day when this announcement of the Offer has been published in the newspaper “Latvijas Vēstnesis”. If the Offer period which is determined in such manner expires on Saturday, Sunday or statutory holiday, then the last day of the Offer period shall be the next business day. Shareholders of AS DnB NORD Banka may familiarize themselves with the Offer prospectus on the web site of AS DnB NORD Banka (www.dnbnord.lv). Shareholders of AS DnB NORD Banka may receive the Offer prospectus also in Riga Branch of AS DnB NORD Banka at Rīga, Smilšu iela 6, LV-1803. The Offer prospectus is also published on the web site of joint stock company “NASDAQ OMX Riga” (www.nasdaqomxbaltic.com). Note. The above announcement of mandatory and final takeover bid of AS DnB NORD Banka shares is published in the newspaper “Latvijas Vēstnesis” on 28 October 2009.