Morrow Bank ASA has successfully issued a FRN Hybrid Tier 1 Callable bond of NOK
275 million pricing at 3m NIBOR + 690 bps. p.a. with first call after minimum 5
years.

The new bond issue will be applied for listing at Nordic ABM.

Pareto Securities acted as sole manager for the bond issue.  

For further information, please contact: 
CFO, Eirik Holtedahl
Tel: +47 969 12 291 
Email: ir@morrowbank.com

This information is subject to disclosure under the Norwegian Securities Act
section §5-12.