DnB NOR Bank ASA
DnB NOR implements further cut in home loan interest rates

DnB NOR Bank ASA / 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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DnB NOR will reduce interest rates on home loans by a further 0.3 percentage
points. After the adjustment, the best interest rate on home loans will be 6.45
per cent, with effect from 5 December 2008 for existing customers. 
Deposit rates will be reduced correspondingly with effect from 17 December
2008. 
The new interest rates will enter into force on 18 December 2008 for new home
loans. 
 
Contact persons:
Åsmund Skår, group executive vice president, Retail Banking,             
tel: (+47) 917 31 345
Aud-Helen Rasmussen, executive vice president, Corporate Communications, 
tel. (+47) 911 36 371

News Source: NASDAQ OMX

13.11.2008  Financial News transmitted by DGAP
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Language:     English
Issuer:       DnB NOR Bank ASA
              
               
              Latvia
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         LV0000800399
WKN:          
 
End of News                                     DGAP News-Service
 
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