DNB ASA has ended its share buy-back programme as we prepare for the upcoming
annual general meeting. The programme was announced on 24 October 2019, and
subsequently amended by an announcement on 20 November 2019, 12 December 2019
and 6 February 2020. A total of 19.8 million shares were repurchased in the open
market, in addition a total of 10.2 million shares will be redeemed from the
state of Norway, subject to approval from DNB ASA's annual general meeting in
2020, so that its ownership interest in DNB ASA of 34.00 % will remain
unaffected following completion of the buy-back programme. The weighted average
purchase/redemption price for the 19.8 million shares is NOK 159.70.

After this, DNB ASA owns a total of 19 758 000 own shares.

The 29 936 364 shares comprised by the share buy-back programme will be
cancelled subject to approval by the annual general meeting in 2020, whereby the
total number of DNB ASA's registered shares will be reduced by 1.89% from
today's 1 580 301 385.

For further information about the share buy-back programme, DNB ASA refers to
the Oslo Stock Exchange notification made on 20 October, 20 November, 12
December 2019 and 6 February 2020 (available from
www.newsweb.no (https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2
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www.newsweb.no%2F&data=02%7C01%7CVartika.Sarna%40dnb.no%7Cc765d650028a44f0ccba08
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VvDy2MHXlghXIfsK2B2p9Oajjd2IOfD1TTYrqsl51U%3D&reserved=0)).

For further information, please contact:
Rune Helland, head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977
13 250

This information is subject to the disclosure requirements according to Section
5-12 of the Norwegian Securities Trading Act.