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, and works closely with
local communities across the region.

- We understand that the interest rate increase may feel challenging for many
customers, following several years of higher interest rates. We encourage anyone
who feels uncertain about their personal finances to contact us early, to
prevent concerns from growing larger than necessary. We are committed to
ensuring that our customers have a sound financial situation, both now and in
the future, says Elisabeth Blomvik, Head of Retail Banking Division at
Sparebanken Møre.

For existing mortgages and deposits, the new interest rates will apply from July
12th. Our customers will receive information about the interest rate change via
SMS, in mobile and online banking, or by letter.

Contacts:
o Elisabeth Blomvik, Head of Retail Banking Division, Mobile +47 415 54 195,
e-mail elisabeth.blomvik@sbm.no
o 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.