MORG: Sparebanken Møre adjusts interest rates

Sparebanken Møre increases the interest rates for loans and deposits by up to
0,25 percentage points. The adjustment follows the increase of the key policy
rate from Norges Bank, as well as higher market interest rates.

Sparebanken Møre is the market leader in Nordvestlandet, with offices throughout
the county and a strong local presence.

- We know that both inflation and changes in interest rates have a noticeable
impact on people's everyday finances, which is why it is important for us to be
available to our customers. Customers experiencing economic uncertainty are
encouraged to contact us at an early stage. Our advisors are located across the
entire county and are prepared to provide guidance and work out good solutions
together with our customers, says Elisabeth Blomvik, Head of Retail Banking
Division at Sparebanken Møre.

For existing mortgages and deposits, the new interest rates will apply from
November 29th. Our customers will receive information about the interest rate
change via SMS, in mobile and online banking, or by letter.

Contacts:
- Elisabeth Blomvik, Head of Retail Banking Division, Mobile +47 415 54 195,
e-mail elisabeth.blomvik@sbm.no
- Trine Kvalheim, Head of Communication, Mobile +47 454 65 680, e-mail
trine.kvalheim@sbm.no 

This information is subject to the disclosure requirements pursuant to section
5-12 of the Securities Trading Act.
ction\
5-12 of the Securities Trading Act.\