Moody's affirms Sparebanken Norge's ratings

Moody's Ratings (Moody's) has affirmed all the ratings and assessments of Sparebanken Norge, including the Aa3 long-term deposit and senior unsecured debt ratings, the foreign currency senior unsecured MTN and subordinate MTN programme ratings at (P)Aa3 and (P)Baa1, respectively, and the short-term deposit ratings at Prime-1. Furthermore, Moody's affirmed the Baseline Credit Assessment (BCA) and Adjusted BCA at a3, the long-term and short-term Counterparty Risk Ratings (CRR) and Counterparty Risk Assessments (CR Assessments) at Aa3/P-1 and Aa3(cr)/P-1(cr), respectively. In addition, Moody's assigned long-term domestic junior senior (also referred to as senior non-preferred) unsecured debt ratings at A3.

Moody's also affirmed the Aa3 long-term issuer rating of Sparebanken Norge Boligkreditt AS, together with its long-term and short-term CRR and CR Assessment of Aa3/P-1 and Aa3(cr)/P-1(cr), respectively.

The outlooks on the long-term deposit and senior unsecured ratings of Sparebanken Norge and long-term issuer rating of Sparebanken Norge Boligkreditt AS remain stable.

More information can be found in the attachment.

For further information, please contact:

Jan-Ståle Hatlebakk, Executive Vice President/CRO, tel.: +47 916 62 284 Hans Olav Ingdal, Executive Vice President/CFO, tel.: +47 948 09 328 Brede Borgen Kristiansen, Director Finance and Investor Relations, tel.: +47 479 06 402

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